6. Get a better credit card deal
When you carry a credit card balance, it is really hard to put aside for a rainy day. That’s why you should transfer that balance to another card that has a lower rate. If you pay less interest, you’ll be able to pay off your total debt faster than you thought you could.
Just make sure that the amount of money you save from the lower interest rate is larger than the balance transfer fee. However, before making any decision, we recommend you to ask your current credit card company if it is possible to lower your monthly interest rate. It is worth trying because most companies will accept in order to keep their clients. If you don’t ask, you don’t get.
