Credit card debt reduction is farthest from the mind of an average American who could accumulate between $5,000 to $10,000 spending money by maintaining several credit cards.

But having this amount of money, it would also be difficult to steer away from indebtedness. The scenario would be like the old adage, that is easier to gain weight than to lose it. It is easier to accumulate debts than saving money to pay off these debts.

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