If you have an outstanding Credit Card Balance, how do you justify it?

If you have a revolving balance on your credit card that means you are in debt and pay alot of interest. It also means that you are an average American because about half of us have a credit card balance that we carry over each and every month.

How did you get into this situation and how do you justify it to your self?

If you have an outstanding Credit Card Balance, how do you justify it?

i don%26#039;t and there is no way anyone can justify it!!!

If you have an outstanding Credit Card Balance, how do you justify it?

I was stupid at one point and started carrying a lot of debt. I was never late on payments, but the amounts owed did get a bit substantial.

Provided you have good enough credit, you can apply for credit cards with 0% interest in balance transfers. This is what I did. I transferred balances from credit carts with 15% - 22% interest to the 0% interest cards, and started paying off chunks at a time.

One can also pay off balances in 1/4th the time by sending half of the minimum payment every two weeks rather than once a month. If your minimum payment is $50, send $25 every two weeks until it%26#039;s paid off. This is because interest on a credit card is calculated daily. If there%26#039;s less of a balance, there%26#039;s less interest charged against it.

If you have an outstanding Credit Card Balance, how do you justify it?

My thoughts on this are...THERE IS NO JUSTIFICATION.......I regret what I did with my cards EVERYDAY...and am paying them off as quickly as I possibly can...you should do the same..the CC companies WANT us all in debt to them and they will have you by the %26#039;short hairs%26#039; if you allow it to keep going.....

If you have an outstanding Credit Card Balance, how do you justify it?

Your in debt as soon as you use your credit card. Even tho you plan on paying it off when the bill comes. We plan on doing alot of things. When a emergency comes up and you dont have the money to pay it off. You get ever farther behind.

Don%26#039;t play the credit card game .

Pay as you go and live on less than you make and you will have money.

Debt is Dumb.

Cash is King.

Debt free is the way to be!

If you have an outstanding Credit Card Balance, how do you justify it?

I stopped justifying it and paid it off. 10,000 in less than a year - more like 9 months. HARDWORK PAYS OFF. I have more money to deal with now than ever. I am not rich, but I have cashflow, unlike my friends.