What happens when you cut up a credit card?

✅ What happens when you cut up one or all of your credit cards?

👇👇 @IdealLifeMoneyAcademy

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💠 Coach Mike doesn't have a credit card and suggests you should cut all of yours up.

💠 Coach Jason views are slightly different. After years of discipline he has only one credit card that he uses and pays it off every single month. 

💠 Your credit score may go down slightly. (Which may be a good thing if you are no longer wanting to go back into debt EVER!) 

💠 Identity theft is reduced because there is one less card for someone to steal. 

💠 Time freedom is increased. If you lose a card then you have to spend time dealing with that. Reduction of accounts will save time when it comes to tax time.  

💠 AND when you die, it makes things so much easier when you have few number of accounts for your loved ones to find and take care of.  CHALLENGE: just try cutting up one credit card. Experience what it's like to get rid of just the one. Witness your spending over weeks or months.  

💠 Be sure to check out the ILMA Budgeting and Debt Elimination Course to start living your Ideal Life years sooner:  

👉 https://www.sentinelcoaching.com/ilmabudget