Credit Card Debt

I'm constantly amazed when reports come out about the amount of Americans in credit card debt.

I suppose I really shouldn't be though. We fell into the trap before - it was so easy to just throw things on the credit card that we 'needed' and let it pile up.

Here are a few tips to get yourself out:

1. Set up a budget - I know it sounds daunting, but it must be done. You can visit Dave' Ramsay's website and use his budget plan if you don't know how to put one together.
2. Don't just make the minimum payment - you will always be on the losing end if you do. At least put $10 over your minimum payment. Anything over the minimum will help you to start picking away at the debt.
3. Transfer your balance to a new credit card offer with 0%. Just make sure you mark down when the 0% ends and if you are not through paying off your debt transfer it to another offer with 0%. Be sure to close out any open credit with no debt on it.