Commit to pray daily for your finances, practice moderation in spending with a budget, or attempt a credit card fast in order to turn your situation around
According to an ABC News survey, 80% of American households have at least one credit card. According that same survey, each cardholder owns an average of seven credit cards. USA Today stated that credit card debt has doubled since the recession. Credit has become the new currency. With the increased spending, there comes the infamous “D” word – debt. There are a few facts about the recession that are good; (1) it exposed our inability to save and (2) it exposed our overindulgence with debt.
