Another step might be to cut up your ATM card and go back to writing checks because you have found you are constantly taking out cash with the ATM card and losing track of where it goes. Another way to explore goal setting is to talk with friends and others who are in similar circumstances. They may have ideas of ways to accomplish a major goal such as further education, finding a job, selecting dependable child care, or helping with a very ill parent. Do not overlook any possible resource for accomplishing what is important to you. Take control of credit use.
Credit is an important tool for managing money.
Credit may become a necessity to reach certain goals. For example, you may need a job or are returning to a career but do not have an appropriate outfit to wear for a job interview. Purchasing an outfit that can be used for that purpose, as well as to wear once hired, is an appropriate use of credit. You may also need credit for emergency expenses when no other sensible options exists. You may need to purchase a major piece of equipment or a car.