More and more people are using credit cards everyday and I even see people using credit cards to buy bubblegum. Credits card are fast and easy, it is a lot easier to just drag that card through the machine and buy the stuff you want instead of actually going to your banks ATM and take out cash first. But have you ever thought about that this may lead you to debts? Many people have credit card debts because when they use the credit card they simply loose control over their economics. There are however solutions and ways to make these things better.
The first thing you have to do is simply to stop using your credit card when you go to buy milk in your local shop. Try take out a few hundred dollars in cash each week and don’t use your credit card more than 4 times a month. With this way you can also make a budget over you economics a lot easier. It is also better if you have one bigger loan then having many small ones. You won’t disagree with me one this, so try to keep it all in one loan this will also lower your interest rate and make it easier to payback. If you however have many small loan on many cards pay them as fast as you can and than cancel a few of your cards. Remember the more cards you own the more you have to pay for them.
