Jakarta, IDN Times – Credit cards have become part of the lifestyle of most people. With a credit card, we can shop for anything without having money in the account.
The pleasures and conveniences offered by credit cards often make us forget ourselves with the actual financial condition. Moreover, sometimes you forget, using a credit card is the same as borrowing money from a bank and having to return it within the specified time period.
So, so that you don’t die later, IDN Times will provide some tips for using credit cards wisely. Listen, to be safe from debt bondage, yes!
1. Maximum of two credit cards only
You have to limit yourself to not having more than two credit cards. If you have more than two, the desire to overspend will be higher. As a result, your debt will pile up. It will also make it harder for you to pay for it yourself.
2. Set the credit card limit as needed
Every credit card has a certain limit. Well, you have to determine the limit according to your abilities and needs. Arrange your credit card with a small limit first, so that you are not easily wasteful and expenses can be managed properly.
Also Read: 7 Things You Should Understand Before Doing Business With Credit Cards
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3. Think before shopping, don’t be extravagant
Some people like shopping. Moreover, there are many attractive discount offers if we shop with a credit card. So that the use of credit cards is not excessive, think carefully before shopping. Don’t shop just for the sake of desire, think about its uses and your needs.
4. Check the bill carefully
When it’s close to the time period for paying your credit card, you will receive a monthly bill at your home. Check your bill carefully, there may be transactions that you never did. If that happens, file a complaint with your credit card issuer. Have you experienced it?
5. Take advantage of reward points what you get
Reward points This is one of the advantages of a credit card. Every transaction you make during shopping will add points to your credit card. You can exchange the accumulated points for interesting items or promos. Of course, as needed, yes.
Those are some wise tips for using a credit card, so you don’t come up short because you are complacent in using it. Hope it is useful!
Also read: 5 Smart Ways To Avoid Using Credit Cards While On Vacation