9/27/2017
Avoid These Credit Card Mistakes | Kewho Min
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Avoid These Credit Card Mistakes by Kewho Min | May 26, 2017 | Accounting, Kewho Min, Money, Personal Finance |
Last month I wrote a piece on what your credit score is, and how you can manage it, which you can nd here. And while I did describe the importance of maintaining your credit score, I did not explain common mistakes credit card holders make, and how to avoid them. Â Cash or Credit? One of the greatest things about credit cards is that they can basically be substituted for cash, right? Wrong. While credit cards are a viable alternative to physical currency, it is incredibly important that you do not consistently substitute your credit card for cash. That may sound confusing, as a credit card is always technically a substitute for cash, so allow me to clarify. Using a credit card for everyday purchases like grocery shopping, gasoline re lls or shopping for clothes is typically not a good idea. Ideally, credit cards are used for large purchases. Â http://kewhomin.net/avoid-these-credit-card-mistakes/
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