So you want an abundant life? In order to experience abundant living, you must get out of debt. You need to pay off your credit cards to do that. Feel like you don’t know how? I’m here to help. As The Doors say, “The time to hesitate is through.” Our goal here is to freeze your credit cards before the bank does. You’ve got to rid yourself of the debt that is sucking the life out of you, not to mention the money out of your banking account. You’ve got to learn to use credit wisely or so you can live a rich life you love.
So here’s what you’ve got to do. Remember, be brave! This will blaze a trail to an abundant life! Look through your wallet and pull out all your credit cards. Pick out the one or two you REALLY want to keep and use frequently and put them aside in a safe place. Here’s the catch–Now pull out the sharpest pair of scissors you can find and cut up the rest. Should you prefer automation, use your handy dandy shredder and enjoy the crunching noise as your credit cards–and future debt–disappear into the blades. It’s time for the abundant living you deserve!
What about your debit card? You can keep that one; it’s okay since you have to have funds in your account for it to work. Now dear, go get a nice big jar. If you don’t have an empty one, make a pot of spaghetti for prosperity… just don’t break the noodles. (It’s bad luck.) Rinse the jar and fill it with water and say “Abracadabra, prosper me now.” Okay, you really don’t have to say that, but it does add a bit of extra drama, doesn’t it?
Now, take the one or two credit cards you set aside and stick them in the jar, fill it with water, and nestle it waaaaaaaaay in the back of the freezer where you’ll have to take out EVERYTHING–from those fish sticks you froze three weeks ago to the Ben and Jerry’s you have stashed back there–to get to it. No, you cannot hide the Ben and Jerry’s behind the jar, hon. Don’t even try!
You think that freezing your credit cards is a joke? Think of it this way–You have to put a freeze on your spending BEFORE the bank or credit card company does it for you. Like most people, your spending is out of control, which means YOU are out of control!
Since most people buy on impulse, your “jarhead” strategy will work well for you. Your cards will have to thaw out before you can use them so you’ll have lots of time to ponder whether you really must have that Christian Dior faux fur muff. And since you have time to think about that impulse buy, it won’t be such an impulse, now will it?
This strategy may sound crazy, but it works. (And remember, you’ll be going nuts if you find yourself neck-deep in debt. So what if your family think you’re nuts already because you’ve got a pasta jar of VISAs stuck in the back of the freezer.) You have to align your spending with what really means the most to you. And no matter how much you bemoan it, it is not that Dior faux fur muff!
Now if you ARE one of the credit-card holding households with substantial credit card debt, you’ve got to also take additional steps before you can be in the free and clear. Tune it to my next article in this series to find out what those essential five steps are. But for now, let me congratulate you, hon. You are no longer a credit card junkie-You’re a credit card SAVINGS MAVEN! (Yep, that’s your new title–SAVINGS MAVEN. Has a fabulous ring to it, doesn’t it?)
Now sit back and imagine yourself grinning when you hear the phone rather than dreading another creditor’s call! Imagine that paying off credit cards is no longer a problem for you because you know how to use credit wisely. Imagine looking FORWARD to the day your bills arrive.
You are the envy of all your friends who are still burdened by credit card debt.You are accountable only to yourself and enjoy a prosperous life. Most of all, you enjoy the financial freedom that until now, you never knew you could achieve. You go, you Savings Maven you!