 TITLE: 5 Bad Money Habits and How to Break Them CONTENT: 3\\. Not Getting a Handle on Credit Card Spending\n------------------------------------------------\nAs of May 2020, Americans on average had about $5,300 in credit card debt, according to Experian data. While some may have no trouble tackling that amount of debt, others may find it difficult. Out-of-control credit card spending can lead to some major problems.\nAmong other things, charging too much on your credit cards can:\n*   Run up high-interest credit card debt.\n*   Give you a false sense of how much money you've got available to spend.\n*   Steer cash away from your emergency fund.\n*   Siphon money away from your retirement savings.\n*   Damage your credit score.\n*   Lead to a bankruptcy filing.\nDon't feel bad if you've gone overboard with credit card spending, though. You've got many options before you when it comes to turning it around. END