It’s easy to go a little crazy with your credit cards and your loans. There is always, it seems, a reason to need more money. However, if you’re trying to reign yourself in and ease the load of your debt, consider a few hassle-free credit control methods that will help you dig out of your debt hole.
First, create a budget. This doesn’t sound fun, but it won’t take too much time. Simply evaluate how much you earn and how much you need to spend. A good portion of anything left over should be used to pay down debt.
Second, avoid new offers of credit. Simply saying no can go a long way in controlling your credit. Don’t open new lines of credit and don’t take on extra credit cards.
Third, resolve to live more simply. You don’t need a new car, you simply need a way to get to work. Be smart about what you spend.