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

Forum Index » Money and Finances

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]I think that OP needs to develop a credit history. If she ever wants to get an apartment or a mortgage, she will need one.

Now it the time to learn how to use credit responsibly! It's good that you're getting the spending under control when your bill is still in the $700-900 range per month.

The previous suggestions to budget and add things weekly are excellent. Also, define for yourself what you WANT to use the credit card for -- plane tickets, gas, grocery store are all good places that come to mind. Also copays at the doctor (helps me track reimbursements).

If you want to cut down on restaurants, make sure you're packing your lunch for work. This way, you still have some money in the budget to eat out with friends on the weekend. Make sure you're paying in cash, tho. Don't put it on your card and have people pay you!

If you slip up at Target or buy more clothes that you budgeted for, return them.

Good luck. I think you can get this under control quickly.[/quote]

I agree.  But she can still get rid of the physical credit card but maintain the account to build credit.  She could have her Verizon bill be paid by her credit card automatically every month and then she can pay the credit card bill electronically.  Account gets use but not having the actual card while she is out and about keeps her from spending frivolously.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics