Here's how to crush credit card debt.
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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.