What are Carolyn Scott's insights on managing credit card debt effectively?

Key Focus Areas

1. Pick a clear payoff method and commit: either debt snowball (smallest balance first for motivation) or debt avalanche (highest interest first to save the most money).
2. Consider debt consolidation (0% balance transfer or a lower-interest personal loan) to simplify payments and cut interest, if your credit allows.
3. Attack both sides of the equation: slash expenses (use cash, trim non-essentials, reset your budget) and boost income (overtime, side hustle, part-time work) and send all extra money to debt.
4. Protect your future by paying on time, more than the minimum, and avoiding new debt while you’re paying down old balances.