When it comes to spending control, many American consumers may find it difficult to keep themselves from whipping out their plastic and buying something frivolous or unnecessary. For this reason, creative credit card owners have invented a host of ideas to help them control their spending impulses. There a few that might surprise you with how well they work.
Freeze your credit cards in ice cubes. Yes, many Americans have resorted to putting their credit cards inside of a Ziploc freezer bag filled with water. For some, this works to "freeze" their spending. Some believe that the delay it takes to thaw out your credit cards is just enough time and hassle to help you thaw out the reasons driving you to make an unintentional purchase.
Block your credit cards. It's easy to call your credit card company and ask them to place a temporary block on your card. This will render your card inoperable until you call the credit card company to remove the block. That means that they'll still be available for emergencies, but it will take an extra step before you can use them.
Wrap them in pictures of your children. This might seem extreme, but for many people, their children are their motivation to clean up their finances and live more responsibly. Wrapping each card in a photo of your children will help you remind you of this before you use them.
Of course, the above strategies will only help prevent you from getting into more debt. What about the debt you already have that you're struggling to pay off? You might be able to get out of that debt through the bankruptcy process. Make sure you fully understand your debt resolution options, and before you know it, you'll be climbing out of debt faster than you thought possible.