Three proven strategies to eliminate credit card debt fast

Here's how to crush credit card debt.

Transcript

00:00My best tips for paying down credit card is to first get into the habit of paying them off

00:05weekly, not just monthly. It helps you understand your true cash flow. My second tip is to make

00:10sure that you have what I call a cash flow cushion, which is one month's worth of your

00:14expenses sitting in your checking account, not in your savings account, so you can get out of

00:18the paycheck to paycheck mentality. And the third step is to use the dollar rule, which is to say

00:23whenever you buy something like clothes or electronics to make sure that it comes out to

00:27a dollar per use.