After You Pay off Credit Card Debt. What happens next?

Here we are talking about the life after you pay off credit card debt successfully. As mentioned before, of all the people that try to pay off credit card debt not everyone is able pay off credit card debt i.e. there are some failures too.

However, some people fail after they have succeeded in paying off credit card debt. These are tose people who let themselves loose and go on a spending spree as soon as they pay off credit card debt. (not financially sound thinking). Soon, these people again land up with credit card debt and are again trying to pay off credit card debt.

So, it's not enough to just pay off credit card debt, it's equally important to maintain a debt-free status even after you pay off credit card debt; only then can you enjoy a stress-free life in the world of credit cards. So learn your lessons well and do not let yourself loose on the path to another credit card debt.

Most of the rules that you followed when you were trying to pay off credit card debt, will also hold good after you have paid off your credit card debt. Here is a quick synopsis of things that you should take care of even after you pay off credit card debt:

1) Do not overspend. Yielding to the sale offers for something that you don't really need, is a big mistake that leads to overspending.

2) Always, remain within 70% of your credit limit.

3) Make credit card bill payments in time and in full.

4) Don't hold more than 2 credit cards accounts. (2 are enough for anyone)

These are just a basic things; you can add more based on your own experience and knowledge.