You have bee trying your best to keep up with those payments but you just can’t seem to get ahead. Despite your best intentions that credit card debt continues to go up and up! Your considering all your debt reduction credit card consolidation options but you just can’t seem to find what you are looking for. Does this sound like a good description of you? If so then I want to let you in on a not so secretive secret to debt reduction and credit card consolidation.

Debt Reduction – Stop Spending! I don’t mean to be sarcastic but if you want to reduce your debt your going to have to sacrifice somewhere to do it. It is only after you realize this practically that you will be able to start knocking down that debt. You need to start putting every extra penny toward that debt and before you know it you will be debt free. Us North Americans need to get out of the mentality that has gotten so many of us into so much trouble financially: “I see it, I want it, I buy it!”

I have managed, (by God’s Grace) to keep myself debt free for about 5 years now and what a liberty it is!

Credit Card Consolidation – The Key to consolidating your credit card debt is a low interest credit card. Many people bounce from 1 low interest introductory offer to another hoping to relieve themselves of their high interest credit card debts. Th problem is they keep all the cards and expound the problem. What you need to do is take those high interest credit card debts and transfer them to a low introductory rate credit card and then cut up your old card.

Then, when that introductory rate expires, find another offer and cut up the old card again. Keep doing this until you pay off your credit card debt.

This will take discipline on your part but if you are willing to stick it out you will save yourself a lot of money in the end!

I’m sure that wasn’t as top secret as you were expecting but I am persuaded that if you will do these 2 things you will be debt free before you know it!