UNLOAD YOUR BURDEN

Carrying a $1,000 balance at 18% blows $180 every year on interest. That's money you could put to better use elsewhere. Get in the habit of paying off your balance in full each month.

If you've already racked up a large balance, do what you can to pay it off. This may sound obvious, but it is the best way to save money on those hefty interest charges. See Climb Out of Debt Faster for help.