The Smiths know they shouldn’t charge anything new on their cards, but their finances aren’t in great shape, so they still need to charge about $500 a month for various expenses.
If you’re deep in credit card debt, it isn’t easy to get out.However, if you stop digging (i.e., don’t use the cards for any purchase you can’t pay at the end of the month),
and use the snowball or avalanche method, you can save yourself a ton of money and years of debt-servitude.