Thanks for a sound advice. We really have to keep track with our credit card to avoid any penalty charges. Did you know that some people are opting for completely eliminating credit card debt as a response to the economy. If consumers think this is a route they want to take, they first must evaluate their habits and see where their money is going.. Problem areas will show themselves and consumers should immediately find ways to eliminate them. Then, based on current spending habits, consumers should recreate a better budget that allows them to pay off debt on credit cards, pay bills and manage expenses. It's simple to track money and where it goes with a little research