(PRWEB) March 09, 2013
During a recent television appearance Laurie Campbell, Credit Canada CEO, offered Canadians tips on how to manage their credit card spending this year and avoid debt. This is the time of year when many Canadians are trying to manage a huge credit card bill from last Christmas. Campbell says there are three specific ways to ensure your credit card debt is managed throughout the year.
Campbell suggests instead of having numerous credit cards, Canadians should have only one credit card. Use this one credit card for three reasons only. The first reason is convenience. A credit card offers the consumer the convenience of not having to carry around large amounts of cash. The second is to use the credit card for planned purchases only. Plan to make a purchase, use the credit card to make the purchase, and take advantage of the benefit of having the bank let you use the money until the time the credit card bill needs to be paid. When the bill is due, pay it off in full. And the third reason to carry a credit card is for safety purposes. If Canadians can practice using their credit cards for these reasons only they can avoid overwhelming credit card debt.
Campbell states if Canadians do incur a large credit card debt it helps to be knowledgeable of debt solutions available to them such as non-profit credit counseling services like Credit Canada. Credit Canada offers a Debt Management Program, which addresses the financial well-being of the individual. Knowledgeable counsellors help the individual create a debt solution plan tailored to their needs.
About Credit Canada
Credit Canada is a community based, non-profit, credit counseling organization. They have recognized the importance of people being financially literate. Credit Canada’s goal is to help secure people’s futures by offering debt solutions, aiding people in dealing with immediate debt problems, as well as providing people with the skills they need to be more fiscally responsible and manage their finances.