2010 Frugal Living Guide
Examining debt
smart spending
5 ways to cut credit cards from your life

Leave the card at home
Next
4 of 7
Back
Leave the card at home

Despite being told, "Don't leave home without it," the less often a credit card is in your wallet, the less likely you are to make an impulse purchase.

"You tend to supersize it and buy your friend a Coke when you buy with a credit card," Ramsey says.

To save money, Glass says remove the temptation before you go out. "We're so used to just swiping. You don't want to pull out a checkbook and write a check," Glass says.

If you use cash, a checkbook or a debit card, you will need to be confident the money is available in your checking account before making a purchase. "I'm pretty convinced that this is not as big of a step as people act like it is," Ramsey says. "A debit card will do everything a credit card will do."


 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
REFINANCE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed refi 3.82%  0.03 3.85%
15 year fixed refi 3.02% --0.00 3.02%
10 year fixed refi 3.12%  0.01 3.13%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.75%  0.01 4.76%
50K FICO-based HELOC 4.05%  0.01 4.04%
100K FICO-based HELOC 3.85% --0.00 3.85%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.92% --0.00 2.92%
48 month used car loan 2.79% --0.00 2.79%
60 month new car loan 3.05%  0.02 3.03%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 1.06%  0.00 1.06%
2 Year CD 1.17%  0.01 1.18%
5 Year CD 1.78%  0.02 1.80%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.88% --0.00 15.88%
Cash Back Cards 16.40%  0.03 16.43%
Low Interest Cards 11.03%  0.09 11.12%
 
Next
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us