ACCC’s Client Login allows current clients to access their program information, including the due date, program benefits, and other documents.

Select a Client Login below based on the service that you are currently enrolled in:

Debt Management Program

Client Login

Bankruptcy

Pre-Bankruptcy Client

Post-Bankruptcy Client

Not yet a client, but looking to get started?

ACCC offers debt relief options to individuals and families that are suffering from stress related to credit card debt by providing effective credit counseling, helping to consolidate debt, and advising on debt management.

Get Started

Wait!

You are now leaving the Consumer Credit website and are going to a website that is not operated by ACCC. We are not responsible for the content or availability of linked sites.

Are you sure you want to leave?

No, return me to the previous page.

Yes

Spending Freeze 101: Easy Guidelines To Avoid Debt

cash money spending freezeA spending freeze can be a great tool against consumer debt. While it’s a fairly straightforward concept, there are some important steps, tricks, and rules that can be overlooked.

The Basics of a Spending Freeze

A spending freeze can last for as long as best suits your needs. It could be a week or a month. If you are doing a spending freeze on just a few budget categories, it could last for several months. Let’s break down the reasons behind the different lengths of time.

If you recently went on a bit of a spending spree, then a week long freeze might be just what you need. Think of it as a way to get back to your routine. A quick pause in spending can help shift behavior away from destructive habits that haven’t completely taken over and stop more personal credit card debt.

Another reason for a freeze might be due to a major purchase you recently made. Dropping a lot of cash or credit on a purchase can sometimes stretch the budget more than expected following that transaction. Therefore, a spending freeze can help to slow things down. It can also help to stop any thrill spending. I admit that spending money can be a hoot, especially a lot at one time. A spending freeze can act as a guard rail to prevent any overspending.

Do you have a major financial goal you are trying to achieve? Cutting back on a few budget categories can really make your savings add up fast. Clothing, entertainment, dining out are some of the common categories that can be put on hold while saving for a goal. Whether it’s managing credit card debt, saving for a down payment or putting money aside for college, a spending freeze can help.

More Tips for a Spending Freeze

Although it’s simple on paper, committing to a spending freeze can be difficult. Here are a few ways to help stay on track:

  • Keep a small fund for “emergencies.” Try not to use it consistently. It’s for the tough times.
  • Tell someone your plan. Having an accountability partner can be a great way to keep things on track.
  • Create and display a visual reminder of your end goal. A little note to yourself on the mirror or a big inspiration poster can make a big difference.
  • Start small. Try it out for a weekend and then add a few more days. You could also go on and off every other month.

Whether you need to save money or create better habits, a freeze on spending is a useful debt management tool.

To speak to a credit counselor today about budgeting and managing your finances, call 800-769-3571.

ABOUT AUTHOR / Michelle

Michelle is a regular contributor to Talking Cents. She has taken several financial courses on debt management and is ready to circulate what she has learned from them as well as lessons from her own life- family to DIY projects to student loan debt.

View all author posts →

Dev Tool:

Request: blog/spending-freeze-101-avoid-debt
Matched Rewrite Rule: blog/([^/]+)/?$
Matched Rewrite Query: post_type=post&name=spending-freeze-101-avoid-debt
Loaded Template: single.php