Thursday, September 16, 2021

Often, lack of planning leads to excessive credit card use. Credit cards make it possible for people to outspend their earnings. Also, many people have no other way to cover financial emergencies. 


Although it's easy and convenient to spend money with a credit card, you need to use your credit cards sensibly since it will reflect on your credit history. 


Set a personal spending limit with your credit card, based on how much you can afford to pay each month. It's better to avoid debt in the first place. 


Plan ahead, understand what you can really afford, and avoid spending more than you make on a credit card.