Here's the key: that's $100 (or $50, or $25) you're not spending in CASH. We're assuming you've decided to listen to Rule 2. This rule helps keep your cash flow flowing -- so you've got an extra $25, $50, or $100 to put toward your credit card payment.

4. Delete your cookies!
Those who prefer the twice-gratification of online shopping (once when you buy, another buzz when you get the item) ... delete your browser cookies! These "helpful" cookies remember your credit card numbers. Delete them so you must dig out your credit card in order to purchase something (after your 48-hour time-out rule is observed, of course).

To delete cookies using the Firefox browser, go to Tools > Clear Private Data... > check "cookies" and hit the "clear personal data" button. Browsers such as Internet Explorer and Mac Safari offer similar solutions.

5. Count to five.
If you can't seem to wait 48 hours (and that should tell you something!), at least count to five. Tick off five good reasons why you must purchase this item. Hint: the reason "because I don't have cash" is not acceptable. Count to five with all your cash purchases, too.

Ask yourself whether you can get the item used, for free, or cheaper elsewhere. Also try asking yourself whether you'll still want and use the item five weeks, five months or five years from now.

Simply put: Look carefully at every purchase. You cannot dig yourself out of debt without curbing your spending habits.