Credit card debt is often a result of costly food and grocery purchasing habits

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Here's how to tell when you're too deep in credit card debt: if 15% or more of your monthly income goes to pay your credit card bills, you've triggered one of the many warning signs that your credit card debt is out of control. There are other triggers, too: paying the monthly payments on one credit card by taking out a cash advance on another credit card.

If this scenario describes your financial habits, you're not alone: some 39% of credit card holders pay only the minimum payment, practically guaranteeing a lifetime of debt if they don't change their credit card habits. So what's the solution?

The solution is to get your spending under control. Easier said than done, right? But most people waste an enormous amount of money on recurring expenses that could easily be made more affordable. One of the more obvious areas is groceries: people use grocery story coupons to buy brand-name breakfast cereals and other items, thinking they're saving money. In fact, anyone using coupons is actually wasting money, since coupons are only printed for items that carry an outrageous markup to begin with. Buying brand-name processed foods is a sure way to eat yourself into further debt. Your health will suffer, too, since processed foods offer very poor nutrition.

Another big money waster in the food category is soft drinks. They're not only terrible for your health (their main ingredient, high fructose corn syrup, has been linked to diabetes and obesity), but they also gobble up your budget. Drinking straight water (filtered, please) can save you as much as $50 / month.

If you're too deep in credit card debt, take a look at your food purchasing habits, and be sure to review your restaurant and fast food expenditures, too, since that's a huge expense for many people. By altering food choices alone, most people can dramatically reduce their level of credit card debt and improve their level of health at the same time.
About the author: Mike Adams is a consumer health advocate with a passion for teaching people how to improve their health He has authored more than 1,500 articles and dozens of reports, guides and interviews on natural health topics, impacting the lives of millions of readers around the world who are experiencing phenomenal health benefits from reading his articles. Adams is a trusted, independent journalist who receives no money or promotional fees whatsoever to write about other companies' products. In 2007, Adams launched EcoLEDs, a maker of super bright LED light bulbs that are 1000% more energy efficient than incandescent lights. He also founded an environmentally-friendly online retailer called BetterLifeGoods.com that uses retail profits to help support consumer advocacy programs. He's also the CEO of a highly successful email newsletter software company that develops software used to send permission email campaigns to subscribers. Adams volunteers his time to serve as the executive director of the Consumer Wellness Center, a 501(c)3 non-profit organization, and practices nature photography, Capoeira, Pilates and organic gardening. He's also author of numerous health books published by Truth Publishing and is the creator of several consumer-oriented grassroots campaigns, including the Spam. Don't Buy It! campaign, and the free downloadable Honest Food Guide. He also created the free reference sites HerbReference.com and HealingFoodReference.com. Adams believes in free speech, free access to nutritional supplements and the ending of corporate control over medicines, genes and seeds. Known as the 'Health Ranger,' Adams' personal health statistics and mission statements are located at www.HealthRanger.org

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Related Articles: • Credit card debt is often a result of costly food and grocery purchasing habits • Don't Pay For Groceries with Plastic! Credit Card Numbers Stolen From Grocery Store Chain • As Consumers Dive Deeper Into Credit Card Debt, Banks Rake In Profits	Take Action: Support NaturalNews.com Email this article to a friend Share this article on: NewsVine | digg | del.icio.us Permalink to this article: http://www.NaturalNews.com/001103_credit_card_debt_food.html Reprinting this article: Non-commercial use OK, cite NaturalNews.com with clickable link. Embed article link: (copy HTML code below): <a href = "http://www.NaturalNews.com/001103_credit_card_debt_food.html">Credit card debt is often a result of costly food and grocery purchasing habits</a>