Dec 13, 2017 09:57 PM
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(Updated Dec 13, 2017 09:57 PM)
Having a credit card is not means that its an extention of our wallet. Most of us are uses credit very lavish and we are not bothering about the repayment money. We should realise that credit card is an only option to avoid borrowing money from some else in our critical stages. Now lets look into some points that may help to manage our buget and credit very carefully.
First of all we have to kept our savings from our income by estimating the expenses which are going to be happened during the month. Don't think that the balance amount which we have after the expense is our savings. Its wrong. This will help to manage out credit behavour.
If you have more money which you expected, the you should try to pay more than the amouny due on your credit card. Then it will make you free from liabilities. And you can save paying more interest.
Try to pay the balance due on time otherwise bank may charge a late fee on you. That will increase your expenses.
Continues visit on your bank website may help you to understand the promotional offers on your card. That may lead saving money.
Make shopping very carefully through credit card. Because there is chance of making more purchases using the credit card. Use credit card only on the time of emergency.
Don't share any details about your credit card to others. That may lead to misuse. Use credit card in online purchases very carefully. -
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