There is much to celebrate during the holidays, and I love fairy lights and hot chocolate and watching reruns of A Christmas Story as much as the next person, but just as I did last year I’d like to encourage everyone to focus on mitigating the financial damage the holidays often bring with them. No amount of gorgeous gifts under the tree is worth the long term stress and hardship of paying down the crushing interest of credit cards.
Being smart about money isn’t just about avoiding debt in the first place — it’s also about having the courage to make a healthy recovery when our spending does spiral temporarily out of control.
And she has graciously agreed to share some of her tips for eliminating credit card debt.
BACKGROUND: Desiree had decided to tackle her $15,000 in credit card debt head-on, and originally gave herself a timeline of 2 years to pay it off. During this time she lost her primary job and had to take a break from her plan, but despite the setback she ended up surprising herself by paying off the entire debt in approximately 12 months! Here are 5 great tips so you can aggressively tackle your debt and really have something to be thankful for next Thanksgiving!