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Frugal Living, Thrift, and Saving Money


 Frugal Credit Tips



An easy way to make sure you always have enough money to pay off your credit card is to deduct each purchase you make during the month from your checking account register when you get home. Then you will know you have the money set aside to pay the bill. An alternative to that is to send in extra payments during the month if you make large purchases.

Paying Off  Debt

Credit cards are a great convenience. Used wisely, they can even be money makers with cash back and other rewards. However if you run up a big credit card balance, know that you will NEVER pay it off by only making the minimum payment. If you want to get rid of credit card debt, ignore the required charge, and give as much as your budget will allow.


One of the most effective strategies in paying off your credit cards (assuming the interest rate is the same with several cards) is to pay the smallest balance off first. When the first card is paid off, apply the money you were paying to that card to another credit card bill. You will see more progress, which will help keep you motivated. However, if the interest rates vary on your credit cards, ALWAYS pay off the card with the highest interest rate.

Closing Down Credit Cards

Be careful about closing credit cards when you still have a balance on them. Per their contract, they may be able to raise the interest rate.





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