Comments on: Freeze your spending addiction

By: Liza

Liza — Tue, 17 Nov 2009 21:13:13 +0000

I did this! After abusing my credit card for only 3 months (and racking up almost $4000 in debt) I froze my credit card!
I used my CC for everything-groceries, gas, gifts, coffee-you name it. But I realized that there was no way I was going to pay off the debt and stop overspending unless I cut myself off. All of my credit cards sat in an envelope for 3 days in my purse. Then when I gave it to my bf to hide..and he threw it in a cupboard, I knew it wouldn't work. So I froze them. I went to a cash only system-It was tough. The first time I went to the grocery store I came home and cried that I was poor. I've had shopping urges and I know that since i don't have money there is no reason for me to even think about stepping foot in a mall.

Now, two months later, I have figured out a way to buy my christmas gifts without spending savings, or racking up a high-interest bill. I will have my CC paid off in 3 months-after working 4 jobs to do so! AND I don't plan to unfreeze that thing for quite a while...until I go on vacation.

The only downside was that I can't get my rewards now..but I've already decided to move all of my auto-pay bills to my CC. I can still earn rewards, and not have to touch that dreadful thing.

It was an eye-opening experience to see how easy it is to abuse your credit, and I also learned to enjoy the simple things when i got bored-instead of going to the mall. :)

By: Liza

Liza — Tue, 17 Nov 2009 13:13:13 +0000

By: Michelle

Michelle — Tue, 21 Aug 2007 03:08:12 +0000

i probably would do something like that, only to find a way to dethaw it the next day to get that new pair of shoes i’ve been wanting.

when i want to shop, nothing will stop me. not even a frozen credit card. lol