Quick Tips On How To Stay Out Of Debt (Keel Associates)

I remember when I first got my very 1st credit card. I made some really silly spending choices. I bought and bought never stopping to actually think about what I was buying. Just simply charging! Not only that but I was so eager to get my 1st credit card that I did not really “shop” around for the best interest rate credit card. Not only did I rack up a large about of credit card bills but my interest I was accruing was just as bad!  This went on for sometime until thankfully my now husband helped me get my act together. He helped me find another credit card where I could lower my interest rate which I then transferred my balance over to and made sure I paid off quickly! 


Are you like I was? How can you stay out of debt? Here are quick tips on how to stay out of debt:

Always pay off higher interest rate debts before lower interest rate debt.  As mentioned the interest rate was high and sometimes it was as much as what I owed on my purchases.


Do not live beyond your means.  I know people who just buy, buy, buy to just have stuff.  When I make a purchase I think, “Do I need that”? Most of the times its no so I do not buy it.


Make sure you have a budget.  Consider all of your bills, leave money for emergencies and do not spend outside of your budget.  Example: If you paid off a car loan then set the monthly payment aside as if you were still making the payment so that when the time comes you have the cash available to pay for a new car and not to have to take a loan. Maybe open up a separate car fund bank account and place that money in your account that you would have used as the car payment.


As I mentioned I racked up a high debt on a credit card. The credit card had a high interest rate. I felt like I could not get my head above the water. So even though it took me awhile to pay it off I was able to transfer the amount from a high interest rate to a lower interest rate credit card.


When my husband and I met he had student loans.  It literally took us 11 years of our marriage to pay these loans off.  Hind sight is 20/20.  He says if he could have done it all over again he would have taken classes at the local college instead of a university because it was more expensive. His loans were a burden to us because financially we were trying to start our family.  So little by little we paid his loan off. When it was all said and done it was a huge relief.  Financially it does not have to be a burden because there are programs that can help students with their student loans.


Keel Associates can help you lower your interest rate on your credit card.  All you have to do is give them a call! Do not put it off any longer! What tips do you have to stay out of debt and keeping your finances in line?


 This is a sponsored review and all views and opinions are of my own and were not influenced in any way. Mama to 6 Blessings is disclosing this in accordance with the Federal Trade Commissions 16 CFR, Part 255 Guides Concerning the Use of Endorsements and Testimonials in Advertising.


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