The Single, Greatest Trick to Completely Avoiding Credit Card Debt

Credit Card

Credit cards are pure evil. Whenever I think of a credit card, I picture a maniacal, little goblin cackling away at how much we’ve all been suckered.

It’s not a surprise there are so many people out there with insane amounts of credit card debt. I’m probably one of the few who can safely say they not only have zero credit card debt but have also never paid a cent in interest!

How you ask?

Don’t Own One!

Bam! Totally obvious right? Yes but not really doable or achievable for the most of us. Don’t get me wrong, it’s fantastic advice, especially if you’re the kind of person with zero self control (be honest with yourself when it comes to your finances!).

If you have no self control then cut up the credit card. Simple as that.

Again, this won’t really apply to the most of us – it certainly doesn’t to me. In fact, this isn’t the simple trick I wanted to write about. I avoid any and all credit card debt by following one simple rule… Read more

Budgeting Wake up Call!

Budgeting Wake Up Call

For those that don’t know me, I’m a massive fan of budgeting. Not in the same way that I’m a fan of sleeping in more than once a year (thanks kids!) but y’know!

Budgeting gives me a sense of power! A sense of control over something that for so long was out of control. Looking back, my spending habits as a teen were less than perfect. I worked in retail from the age of 15, got paid weekly and would spend the cash on all of the little things I’d always wanted that my parents would never buy for me. What else was there? A mortgage? Hell no!

 

Nokia 3315
My very first purchase! The beastly Noka 3315

 

Eventually I wisened up and started saving a bit. Not for my future of course but purely to see the amount in my bank account get higher and higher. Every thousand dollars was a milestone! I’d then end up spending a huge chunk of that lump sum on something spectacular. Over the years I went on multiple overseas holidays and bought myself a schmick car. I remember thinking, “this saving thing isn’t hard at all!”. And that’s how it was living at home with your parents.

 

nissan-maxima_2004
My first car. The 2004 Nissan Maxima Ti. *Sniff* Good times!

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