Tackling Credit Card Debt | VideoJulie Leonardi | 1/18/2013
Don`t dip into savings, try using your tax refund to chip away at the damage.
When applying for a credit card, take the time to look for the lowest interest rate possible, and of course, start a budget.
Claudie Selzer, financial service officer, gave some tips. ďMake sure itís in your budget, try to pay that off the very next month, don`t let that interest build up, look at your expenses for Christmas is their some place you can cut? Maybe you don`t have to spend all that money on Christmas.
Keep in mind when you`re budgeting, your first paycheck of the new year will be a little lower because of an extra tax cut.