Here’s the good news: Tackling your credit card debt can improve your life immeasurably. Paying off your credit cards leads to a better future and some rather awesome personal and professional opportunities. It’s hard, but tackling credit card debt pays off in the long run.
In order to pay off your credit card debt, you need determination and planning. Determination and planning work hand in hand. After you build a structure to pay off your debt, you stick to it and see great things happen.
The first thing you need to do is ask yourself “How will paying off my credit card debt improve my life?” Imagine how much less stress will be in your life after paying credit card debt, and imagine the benefits paying off your credit card debt will offer. Your goal is to boost your determination and convince yourself to stick it out for the long run.
Then there is planning. Building your strategy for paying off credit card debt begins with making a list of the credit cards you currently posses and recording the debt and the APR for each of them. The sum total of all these various credit card debts gives you the total credit card debt.
From there, look over your current financial state and sketch out hat you expect your future financial position to be. Then look over the various balance transfer offers available in the market. See if any of them are beneficial to you, and use all this information. Figure out how long it will take to pay off credit card debt and how you will distribute the debt payment across your various credit cards.