Wednesday, October 20, 2021

Do not use credit cards as a means to make ends meet. Credit cards come with high-interest rates.


If not managed properly, credit cards can lead to massive debt, putting you in a situation where you will fall behind on your bills. Plan your budget carefully. Set aside a portion of your income for your monthly expenses as well as your debt payments.


Keep your credit card out of reach and delete your payment information on apps and online stores to avoid making impulse purchases.


If your monthly expenses are more than your income right now, consider cutting back the expenses that aren't a necessity. Live frugally until you're back on track.