Showing posts with label debt reduction finance credit card spending. Show all posts
Showing posts with label debt reduction finance credit card spending. Show all posts

Sunday, April 20, 2008

"Credit Withdrawal"

There is a blog called www.creditwithdrawal.com.Just the name gives me an idea for a post. How much did we charge in 2007 on our credit card? 18% of our take home pay. And how about on our "2nd credit card"? 7% of our take home pay. A total of 25% of our take home pay went to our credit card companies. We really should be doing a better job on not relying on credit. The host of this week's Carnival of Debt Reduction,No Debt Plan, has a good approach for using last month's paychecks to pay for this month's expenses.
No Debt Plan's Life Changing Concept.