With a swipe here and a swipe there, it can be easy to live your life on plastic and pile up debt. Youre not alone: U.S. households carried credit card balances that totaled $815 billion in debt in the first quarter of 2018, according to the Federal Reserve Bank of New York.
Sticking to a budget, spending wisely and focusing on your financial goals can help you use your money for the things that are most important to you without taking on the burden of credit card debt. Here are three strategies to help you avoid the debt trap.
Set a budget to know your limit
Staying out of debt starts with knowing how much you can (and cant) spend. A realistic budget is the foundation. Take into account everything you s…