Reply to Help - I rack up such a high balance on my credit card every month

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[quote=Anonymous][quote=Anonymous]Get Dave Ramsey's Total Money Makeover book, and follow his budgeting envelope system.

Places like Target are deadly.  I never get out of there for less than $100, no matter what I planned to buy. [/quote]
As you get older and make more money, it gets even worse. I never get out for under $200. So, I stopped going unless I had a specific need, and only buy what is on the list. Same with Costco, I go once a month now because I was spending 3-500 a trip.

OP - it is easy to do, so I commend you for trying to think about it now. Avoid Target or make a list, that will help. Are you trying to accumulate points is that why you use the card? We do that and pay off every month. I do think using a credit card kind of insulates you from how much you are actually spending, paying cash is more painful sort of when you hand it over. Be careful with it.

Lists are key. My daughter has a ledger app she downloaded on her phone which she thinks helps, your credit card may have an app too so you can keep track of balances. She's about your age, and budgets pretty much by what she spend per month on her card - she figures out how much she wants on her card each month and then divides it by the # of weeks so she knows what she can spend each week to stay on track  make sense?

Phones are big money sucks. Either get on your parents plan or switch to Virgin or one of the other pay by month plan. Verizon is outrageous for a single person. [/quote]

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