Sunday, April 1, 2012
How to save money? Tip #7: Try to stop using credit cards
Try to stop using credit cards.
They are quite dangerous when you want to start saving up money, because you don't know exactly how much is in there. Therefore, it is easier to overspend.
If you have cash, you can see your cash supply running low as the money is leaving your wallet. If you are not able to eliminate the use of credit cards completely, try to restrict it as much as you can.
Related articles
- 7 Dangerous habits of credit card users (creditscore.net)
- 5 Tips to Help You Get in Control of Your Finances (turbotax.intuit.com)
- Tips for Credit Card Debt Reduction (ally.com)
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