Develop Smart Spending Habits

Often, you can get your debt under control by developing smart spending habits and making better choices with your money. Try taking the following steps:

• Avoid impulsive spending, and stick to buying only the things you need
• When you can, use cash instead of a credit card
• Limit the number of credit cards you use
• Pay your credit card bill on time and in full each month instead of wasting your money on interest payments

There are times when simply adjusting your spending habits might not solve the problem. If you’re in serious debt, you might find that your financial situation requires an even bigger change.

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