A woman staring at her credit card, horrified

4 ways to pay off your credit card debt

Are you looking to finally pay off your credit card debt? Are you fed up with always being in the negative?

I want to help you pay off your debt so that you can finally enjoy life a little more. I have a feeling that you also might want to start saving up for the future.

What are four ways to pay off your credit card debt?

Strategy 1: Consolidate your loans

Have you looked into consolidating your loans?

This will make your life easier. You can focus on making one payment instead of multiple payments to different credit cards.

On a similar note, you can also look into a balance transfer so that you end up paying less money towards the interest on your debt. Just keep in mind that most low interest rates are introductory.

Strategy 2: Start selling off your stuff for extra money

One thing that helps with debt is making some extra money. Since there’s only so many hours in a day, you can try getting rid of some of your stuff for extra cash. I remember selling a chair from a wrestling show for over $100 on eBay.

Do you have any stuff that you can get rid of?

Strategy 3: Find some extra money every month

What if I told you that your rent was increasing and that you needed to make an extra $100 each month? Could you increase your income or find opportunities to save? You would have no choice. It’s important to treat your debt payments as mandatory until you’re finally debt-free.

Here are some totally random ways you can find extra money to put towards your debt:

  • Cancel a subscription: Do you need Netflix? What about that magazine you forgot about? There has to be one thing that you can cut.
  • Negotiate your cell phone plan: This is an easy and quick win. I saved $40 per month when I did this last time.
  • Rent out a room on AirBnB: When I wanted to make some extra money last summer, I rented out my condo and made some good money that I was able to use towards my travels.

Strategy 4: Try using cash

Your credit card makes it far too easy to spend money. I’m as a guilty as they come with this one. I have my credit card saved with a bunch of random online merchants. I’ve purchased books and cologne when I really didn’t have to. I suggest using cash until you figure out how to use credit cards. It also takes more effort to spend cash because you have to actually take it out and then physically hand it over.

It’s time to finally get rid of that debt. If you make a game plan today and follow it, you could find yourself debt-free in the near future.