Skip to Content
chevron-left chevron-right chevron-up chevron-right chevron-left arrow-back star phone quote checkbox-checked search wrench info shield play connection mobile coin-dollar spoon-knife ticket pushpin location gift fire feed bubbles home heart calendar price-tag credit-card clock envelop facebook instagram twitter youtube pinterest yelp google reddit linkedin envelope bbb pinterest homeadvisor angies

Beautiful young woman in a bakery

Credit cards are a great convenience. I can’t imagine how you could travel without them – buying a plane ticket, renting a car, getting a hotel room. So if you have credit cards, you want to keep them by all means. However, until things are under control, you should try not to use them.

Here are three reasons why you simply must stop using your credit cards.

#1: They are Designed to Keep You in Debt

Credit card companies want you to be in debt. They literally thrive off of your debt, and when you manage to work your way out of debt, they miss out on the incredible amount of interest you had been paying up until that point.

For this reason, these companies actually set things up so that a person making the minimum payment and continuing to use the card each month would literally never work their way out of debt. Even a person with a relatively small debt of around $4.000 would need around 15 years to pay off that debt when paying only the minimum amount.

#2: Using Them Will Only Make Your Situation Worse

Clearly, because of the debt carousel, the credit card companies have put you on, continuing to use your credit cards absolutely will not help matters. In fact, using your cards, even if you are gaining some sort of reward for doing so, will without a doubt make your debt situation worse.

#3: Having Them Around is Too Tempting

Carrying a credit card in your wallet, especially when you are accustomed to using the cards for anything and everything is like carrying a bit of temptation in your pocket at all times. Resisting the urge to use the card when you come across an item you’d really like to have taken an incredible amount of willpower, and if you find yourself unable to resist, you only set yourself back further.

For this reason, it is much better to get that card out of your hands and focus on having fun without spending money.


We hope this post has inspired you to give yourself a new financial beginning this new year. By working your way out of debt and remaining that way, you give your family and yourself the priceless gift of freedom.

If you find your financial situation is too overwhelming to work out on your own, we hope you will consider speaking with an experienced bankruptcy attorney. Carolyn Secor P.A. focuses its practice in the areas of Bankruptcy and Foreclosure Defense in Clearwater, Florida. For more information, go to our web site or call 727-335-7151.