Living within your income is a must!

Back in the day there were no credit cards, no debit cards, just cash.  That meant that if you didn’t have the cash to buy something, you walked out of the store without the item.  Easy.

Then along came credit cards.  If you learned how to use them properly right from the start, they could be an asset to you.

But……

If you used them the wrong way…… that is, buying an item then paying for it over several months….. that’s the wrong way…… because it cost you not only for the item, but for the finance charges as well, and, if you were late with the payment(s), there were also late fees.

All substantial costly charges to you. So, in fact, you might pay two, three or more times the cost of the item you ‘wanted’.

Using a credit card in this manner will get you into a financial hole you could take years to get out of, all the while paying staggering financial fees to do so.

This method of paying is not the way to use a credit card.Use your credit card….only…..if you know you have the money to pay for the item(s) ready and waiting when the bill comes in.

This is the ONLY way to use a credit card!