Spend your Credit Card wisely
The first time I got my first credit card, it was very tempting to go out and spending and buying all things I wanted to buy. It is hard, but we must oppose the temptation and use our credit card wisely. But sometimes we ask our self how to use our credits wisely? A friends advices me that it’s on a matter of planning.
Put it into our mind that we shouldn’t be spending more than you can afford. First we should have a budget to follow. Anticipate your monthly income and subtract your monthly expenses. The difference will determine how much your can spend.Without a credit card, another way to surpass this amount for a given month is to spend less in the previous months. A credit card can let you go over your disposable income. This will let you utilize some of your credit. This will then increase your monthly expenses in the form of your credit card bill.
When you reach your credit limit, you won’t be able to use anymore on your credit card. The best use of your credit card is just for emergency spending. Best example for this is when you are in a middle of your vacation and having a trouble when you car is having a problem, a credit card is a great way of paying the repairs. Again and again, use your credit card wisely.
- Uncategorized, jokes and crazy stuffs | Time: 11:13 am (UTC+8)
