I've tried to move into the realm of not using a credit card at all. Every once in a while I'll use it for a decent-sized purchase and then pay it off right away.
I'm nearly done being a student (and have been for quite a while) but another tactic is to take out student loans and pay off your other high-interest debt. Not only does this consolidate it into a lower interest account, it is deferred until after you are done.
Chris Sivori
· 1 year ago
That's actually a damn good idea. Hah.
Keith Sibson
· 1 year ago
Check out the personal finance site http://www.mint.com/. It was a little disconcerting giving up bank login details at first but I was quickly blown away by the site's slick interface and ability to show exactly where my money was going. I barely log into my online accounts at all now, since mint does such a good job of aggregating access and providing relevant mobile alerts. I even acted on one of mint's recommendations and now have a >5% interest checking account.
Chris Sivori
· 1 year ago
That's a great tip. I have tried Mint and Wesabe and both have nice features. I would prefer Wesabe due to the tagging, but Mint is nice because it autoconnects to the accounts.
All Comments
I'm nearly done being a student (and have been for quite a while) but another tactic is to take out student loans and pay off your other high-interest debt. Not only does this consolidate it into a lower interest account, it is deferred until after you are done.