I have a credit card debt, just having to pay a minimum monthly payment is already hard.
But I was spending without thinking and owe many credit cards at the same time.
So, stressed that I didn't know what to do. The salary is just over thirty thousand baht. Just the monthly expenses are almost no money left. Pushing multiple credit card debt at the same time Who is like me? Please raise your hands.

Have a credit card is nice and convenient. No need to carry cash and many discounts from many stores and restaurants and can accumulate more points. What emergency comes up, there is a way out as well. I was the one who rushed to make credit cards when my salary reached the threshold. Initially still had good discipline, spend and pay the minimum amount but when had enough money I also pay off. I was never reached the point of swiping until the card is full. But after changing an employer, a new group of friends diligently shop, dress well and like to eat at good restaurants. I myself like it. I like to dress, I like shopping. Having a friend who loves the same things made me go far beyond the power in my own wallet ...

Once one card was full, I became uncomfortable. Because the salary is not a lot, the card limit is not much as well. Friends still suggested that I could apply for more cards with other banks. Your credit is still good, just apply for more. Have a lot of credit cards, can be used to spin out the money and to pay another card. This wat we will have money to buy things, my friend said. I just thought this is a good idea. Yes, I could get money from one card to pay for others. With floatiness that I could manage it, therefore opened the door to financial disaster. Including buying clothes, electrical appliances, gadgets, travel expenses, eating expenses. Finally, all credit cards were full. Just to pay the minimum amount I couldn’t handle. Once one card was full, I became uncomfortable. Because the salary is not a lot, the card limit is not much as well. Friends still suggested that I could apply for more cards with other banks. Your credit is still good, just apply for more. Have a lot of credit cards, can be used to spin out the money and to pay another card. This wat we will have money to buy things, my friend said. I just thought this is a good idea. Yes, I could get money from one card to pay for others. With floatiness that I could manage it, therefore opened the door to financial disaster. Including buying clothes, electrical appliances, gadgets, travel expenses, eating expenses. Finally, all credit cards were full. Just to pay the minimum amount I couldn’t handle.

At that time, I was very stressed. Not enough money to pay and defaulted on payment. Didn’t want to answer the phone. Even friends asked to have lunch, I would not go because I didn’t have money. Wrapped food from home to eat at the desk at lunch. I did not go anywhere with anyone. Until two months passed, one day at noon one of the senior coworkers walked to me and touched my shoulder when I was sitting quietly eating at the table. “what the matter I noticed for a while and saw that you seem quiet, stressed, and not going out to eat with friends like before. If anything, I can help just tell me and do not keep alone.” Those words were like a needle that poked in a balloon that was so inflated that it would burst gently. I burst out. I've been uncomfortable for a long time, not daring to tell friends in the group. Dare not tell anyone at home. So, I told her everything.

She replied that "I understand very well. When I was a teenager like you, I did the same too, so don’t stress out too much. There is still a solution to solve this problem, but you have to change your habit in how to spend money as well " She advised me to call each bank for debt settlement first. After that, find out which banks have a personal loan promotion that provides a limit that can cover all debt with interest rates and payment terms that I can afford. To consolidate the debt into one lump. This will help reduce the interest burden or at least reduce the number of monthly installments to be able to pay and easy to manage because there is only one debt remaining.

That click made my financial world came back to bright again. Although I still have debt, the amount that must be paid each month is less and the overall interest payment has decreased.
Importantly, easy to manage because there is only one lump. I canceled all credit cards and just only keep SCB credit card which is only used when really needed. I determined not to incur any additional debt until all the original amount have been cleared. I am truly afraid of being in debt due to profligacy spend without thinking. Debt is not always bad, but it must be a debt that creates added value or can build something for us in life. Importantly, the debt must not exceed our ability to pay.