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Credit Card Disaster



Begin a Debt Disaster Now!

You start by getting a credit card.

You get excited and see something you would like to buy. You don't have the money for it today. Let's say it's a new set of ski boots that cost $600 or a new video game console that cost $600.


You promise yourself that you will pay it off in the next 3 months. You tell yourself, “I will just pay an extra $200 for the next three months and it will be paid off.”


You get your credit card bill and you don't quite have the extra $200. This is how it starts. Your personal Credit Card Disaster is just starting.

Next you get an offer for a screaming deal on a ski trip, Friends have an Air BNB rented and you can join the trip cheaply. You put it on your credit card.

Listen to a Dave Ramsey podcast or radio broadcast sometime. The people calling in on his podcast or radio program have $20,000 to $380,000 in debt.  Usually a large portion of this debt will be credit cards.  They started with just $600 in unpaid credit card debt.




Your debt can grow very quickly.




Don't fall into this trap, pay your credit card in full every month.




The average American has three credit cards and somewhere around $5,500 in unpaid balances.
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