With less interest to pay your creditors, it's easier
stop relying on credit cards, save for emergencies, and put other financial safety nets (like insurance) in place.
Not only should you pay off what you owe, but you should
stop relying on credit cards.
Not exact matches
If you find you have already started
relying on your
credit card to make ends meet, you have to
stop now.
Until you
stop relying on the use of
credit cards for convenience, to purchase things you can not afford, or to make ends meet, anything you do to eliminate your
credit card debt will be quickly replaced with new debt.
The company says that six out of 10 Canadians live paycheque to paycheque, which means if their income
stopped for only one pay period they'd have to
rely on a line of
credit or
credit card to make ends meet.