As you all know, it has been snowing like crazy lately.  We have received close to 22 inches of now.  It is snowing as I am writing this blog post. As I was watching the snow fall onto the ground, this analogy came to mind.

The more it snows, the longer it will take you to clean your driveway.   If the snow is not cleaned periodically, it will be impossible for you to take your car out of the garage .  The same analogy can be applied to debt.

You start off with a $250 credit limit on a credit card.   You make a few purchases on the credit card and next thing you know, you need a larger credit limit.  Once you are hooked on the “free” money, you keep getting more credit cards.  You end up with5-6 credit cards and are in thousands of dollars of debt.  The best way to stay away from debt is to use your credit card less often or pay it in full when the statement comes every month.

My take on this

I advise you to start shoveling your driveway now until it is too late.  It will take much longer for you to clean your driveway if you wait too long.  You should also apply the same concept with credit cards.  You should try to use your credit card only when needed.  If you do use your credit card often, make sure you are paying it off as you go.  You do not want to be in thousands of dollars of debt before making your first payment.

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