Update On My Credit Card Debts – $58,303 !

Yeahoo… My hubby and I didn’t swipe our credit cards at all for the month of May !…;D

fter destroying our credit cards in April, my hubby has only 1 credit card and I have 2 . Though the credit card debts are still here, the amount has been decreasing little by little.

By following 5 Simple Debt Reduction Method, we only use cash and spend less.

Besides exercising self-control, we also read tons of information related to debts, loans, financial matters to deal with our debts.

It is of utmost important that we change the way we think ! We must have a mindset that we are able to get out of debts and become rich little by little.

If we always focus on lack of money, it will be magnified many times. As a result, we keep on living in poverty.

On April 24, our debts went down to $58,961 from $63,809.

We have already set our goal, that is to cut down our credit card debts to $40,000.On 31 December 2007 – Our Credit Cards – $40,000 !

I believe this goal is attainable as I have started writing paid posts. The money earned can be used to pay off some of our credit card debts.