If you’ve always paid your credit card balance in full every month, it can be disconcerting to find yourself carrying a balance for the first time. The balance might be the result of having a little more fun than your cash flow can accommodate, or it might be a consequence of something serious, such as a job loss or medical emergency. Either way, it’s a sign that you might need to re-evaluate your use of credit cards, and think about how to manage your new balance responsibly.
Here’s how to manage the debt and prepare for the next financial challenge.
Examining the cause of the debt
Before […] Read more