Part 1: Pay More than the Minimum Payments
There are many, many "games" that the credit card companies play that can affect you financially. All of these "games" are legal, which is why it's so important to know the rules of the game. Like it or not, if you have credit cards right now—you're in the game.

Let's say you're the average American. You have a decent job, but you also have $8,000 in high-rate credit card debt. You have no savings to speak of. You worry about your money on a daily basis (in fact, it keeps you up at night), and you don't believe that $10 a day can dig you out if that hole. But it can, and in less time than you may think. If you get on this plan—and stick with it—in 3 years you'll be credit-card-debt-free.

The key is to pay more than your minimum payment. By applying $10 a day against your $8,000 credit card debt (at an interest rate of 16%) you'll be debt-free in 33 months.

Debt	Minimum Payment	Interest Rate	Years
$8,000	$160 per month* ($5 per day)	16%	30
$8,000	$300 per month ($10 per day)	16%	3

* If minimum payment is 2% of balance