How to Pay Off Your Maxed Out Credit Cards with NO CASH FLOW ! When it Comes to Paying off Credit cards a lot of Times besides The Consistency it comes to Strategy to make it a success , specially for those Maxed Out Credit Cards . Of course it's easy to pay off the Credit cards when You have Extra budget for it but in This Video I'll Show You how to Reduce Your Credit Card Balances Every month with ZERO budget for it . So for Example Your Income is 4000$ a Month and Your Expenses are Also 4000$ a month leaving You No Money for Extra Credit Card Payments , at least that's what it seems like but That's Not exactly true if You Use this Paying Off Credit Cards Strategy .
I Was in Debt before too so i know how it feels , not being able to sleep at night with no Financial room and no money left a the end of The Month ...Good News is You can Do This Steps to Pay Off Your Maxed Out Credit Cards so You don't have to Leave this way , there is Always a Solution and You just Have to Know it . The Thing is that some Monthly Expenses can not be Put on Credit Cards so You can Leave The Money for Rent for Example in Cash form on Your Regular Checking Account and then You can Pay The Rest of The Money Left from Your Income Immediately Towards Your Maxed Out Credit Card , Yes You start from 1 Credit Card First . Then Because By Paying Let's Say 2500$ You Also Satisfy Minimum Monthly Payment on that Credit Card which is for Example 400$ , Meaning that Now Because You Don't Have this 400$ Payment , Your Actual Expenses on That Credit Card will Be 2100$ - The Expanses that will come from Paying Your Regular Monthly Subscriptions , Buying Groceries ETC. So in The Beginning of The Next Credit Card Cycle Your Starting Balance will be 9600$ instead of Fully Maxed Out 10,000$ Balance and By Using The same formula The Balance will Reduce Every Month and Because The Credit Card Balance is Reduced Every Month then The Interest on The Credit Card will Reduce too . Basically Helping You to Pay Off That Credit Card FEven Faster .
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