How I did it: Well, I used my savings. Not the best option, but it was either that or face an additional $39 "membership fee" So I had a decision to make. . . use the savings to pay it off NOW, or add an additional $39 to my balance for no reason. I chose to use my small amount of savings. I am now broke, with no savings, but no credit card debt, either! I'll use my tax return to supplement my savings account. :)

Lessons & tips: Credit cards are the DEVIL! I had like a 22% interest rate!
 My balance was under $500, but that's still a stupid way to waste money every month. I FINALLY canceled my card and am happy I did so. :)

Resources: Will power.

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Apr 10, 2009, 11:55AM PDT | 1 comment | 2 cheers