Credit cards can provide convenient access to funds but it's important they are used in a responsible manner. Check out these credit card management tips.
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Ask yourself - am I using this credit card for convenience or necessity? |
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Pay off your card balances each month. |
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Keep a record of any telephone credit card transactions and keep receipts until the statement comes in and you can reconcile. |
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Be aware of your credit limit, consider a personal loan if you are carrying a balance regularly. |
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Be tempted to increase your credit limit and thus continue to build greater debts. |
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Make too many cash withdrawals from a credit card as charges may be higher for these direct transactions. |
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