Last Updated on Apr 8, 2020 by James W
Have you ever wished you could have stopped starting a new credit card? Are you feeling annoyed by the fact that somehow, it feels as if it never ends? Well, believe it or not, you are not the only one experiencing this situation. Nowadays, the high temptation offered by a credit card, together with the idea of having an unlimited amount of money at your own hands is something hard to cope with – and rather, to say no to. Yet, it is neither impossible to be done. These being said, in case you are looking forward to knowing more concerning the subject, make sure to stick with us and keep an eye onto the following lines in order to discover top 5 tips on how to get rid of credit cards faster!
- Stop Open Them
Believe it or not, this is the most important thing to keep up to, since opening credit cards will undoubtedly provide you with nothing but debts to cover. Instead, bear in mind that you could use those money in better ways, such as putting them aside and only after that to get that something that you have always wished for. By this way, you will be able to keep a certain distance between the two, so the outcome will be the one that you expect. On the other hand, let’s put it this way – what would you have to close if you did not have opened a credit card in the first place?
- Plan In Advance
Whenever you have to do something that requires a longer period of time, it is imperative to plan in advance your money, so that it never happens to you to run out of money – or time. Thus, the first thing you have to do is simple – just plan in advance each of the sums of money that you are ought to put in there and you are good to go! By this way, in a very short period of time you will develop a habit that will provide you with the possibility of ending your credit card faster than even planned beforehand!
- Stop Wish For Things If No Money
Even though this might look and hear awful, in reality this is a smart move – as time goes by, we realise that we should always stick to the money that we can have, not those that we are dreaming of. Because of this aspect, it is imperative that you stop buying things that you simply cannot afford, just because you want them and believe that a credit card is exactly what you need to get you going. In reality, things are not like this at all. Beware of the temptations of opening again a credit card and stop them from happening – instead, put your money aside and make sure that you get what you wish for as soon as you have the exact sum of money. Believe it or not, this is a nice touch by the fact that you definitely get your stuff but not before thinking again of what you want to buy, but know with your own money – not some borrowed ones. As you get there, you will realise that our brains and decision-making procedures change substantially as soon as we have money.
- Ask Family or Friends for Keeping Yourself Away from Credit Cards
Another smart aspect that you can do is to ask your acquaintances for help when you need it. Since spending is something we are all aware of and do it almost every day, there is no wonder why it is extremely important to ask the people around us to put a stop to our spending. Basically, the idea behind refers to the fact that we tend to think a bit irrationally as soon as we are in such a situation, so the help of others (objectively speaking) is exactly what we need. Thus, bear in mind that a friend in need is one that will always be there to tell you to reconsider your openness to credit cards and thus, sooner or later you will get the outcome expected – which is, saying a big no to opening new credit cards as time goes by!
- Make It a Habit
Nothing works better on ourselves if not a habit. Now, since it is pretty important to keep up to date with everything, the values of credit cards make no exceptions. If you are that attracted to start one, beware and keep an eye on their values from time to time and see just how much it will decrease or increase – by this way, you will slowly start to realise that there is not worth it to pay such a lot of attention and effort into something that changes its value from day to day.