SAVE MONEY EVERY NOW AND THEN: THROW AWAY THE HABIT NAMED CREDIT CARD

6:08 AM Posted by Jason


family budgetTroubles with credit card handling are the outcome of bad habits mounted up over the years. Good quality credit card managing doesn't happen overnight without bringing an amendment in manners of holders. At the end of the day the credit card charges end up mistreating them. Here are some methods to use to pay off debt and perk up your financial strength:

Don't buy much small products to make it heaped up into your credit card balance. The handiness of credit cards has turned them so dangerous. We use them for the innumerable purchases, largely those minor ones, such the trip to the saloon, the DVD store, the eatery. It is much alarming to obtain your monthly account and discover all those little expenses added up to an $900 balance-that the credit card group is now readily applying charges. In our frantic schedule it is natural not to recall how many expenditures we formulate every month.

Two simple practices are:

1) Use your debit card instead of credit card. It takes the cost of the thing (you have bought) out of your bank account, so there is no question of credit balance laid to yourself open at all, and no additional charges. You are to buy only what you can afford right then. While using this card use this frequently, but, be sure to take away all the dealings from your checkbook right then, while the expense is recurring in your mind. You won’t desire to end up terminating your bank account and perhaps bouncing checks.

2) Best thing is to use CASH. If you are not adept in carrying it with you, revitalize your memory bearing it now. Don’t need to hold a large amount while $50 or $200 are enough for all those trivial expenditures, those $40-$60 items that put up to the wide credit card balance at the end of the month. ATMs are there to help you where you need cash withdrawals nearly every nook and corner. Moreover, you are bound only to spend the money you have in your bank. You are therefore applying reliable financial management.

throw credit card

This technique grounds for allowing you to keep the card for big deals. The most beautiful thing is that, you will no longer have a mean shock when you unlock your card statement. Pay off debt and keep in mind: Credit, used intelligently, can be an helpful tool for running your finances with greater easiness.

7 comments:

  1. Stephen said...

    Nice piece of advice and nice post too. :D

  2. LazyKing said...

    all I can say is Thank you

  3. Kosutasu said...

    really good post! thanx and keep up the good work

  4. jason said...

    Thanks everyone for the nice appreciation...

    In future I will try to make more helpful posts

  5. Small Footprints said...

    You offer some sound advice ... it is easy to abuse credit cards. I especially like the idea of using a debit card because it's not always a safe idea to carry cash.

    Wonderful post!

    Small Footprints
    http://reducefootprints.blogspot.com

  6. Darmawan said...

    Yep.. I agree
    Credit card can be so useful as well as dangerous
    Its convenience can bring harm later esp for the shopaholics

  7. jason said...

    you are welcome...