Many Americans struggle with credit card debt. There are over 630 million credit cards in this country. Most credit card companies profit is $700M-$800M per year. They make their money off the interest you pay when you make monthly payments on your card. With the average credit card debt per household is over $10,000 dollars, maybe it’s time to focus on this issue and use some tools to help eliminate, or at least reduce, that debt. A simple internet search for “credit card payment calculator” returns many helpful sites that can tell you things like how long it will take to pay off your card if you only make the minimum payment. If you are able to pay more than the minimum you can enter the amount you can afford and it will tell you how long to pay it off and the amount of interest you will pay over that period. That may be a motivator to pay a little more that the minimum if you can. Another tip you may want to use is look for cards with a very low or zero interest introductory rate. You can for a fee transfer your high interest rate card balance to one that for example charges zero interest for 12 months. If you are able you can pay that card off within that 12 months and pay no interest on that balance you were paying a large interest rate on.