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Credit card tip #7
Do not run after credit card rewards



Do not run after credit card rewards!

Uncontrollable spending on credit card to earn "FREE night at hotel, special cash BONUS, free flight and so on, get a 'DISCOUNT' could easily and very fast bring you into a debt. It's very common situation for store credit card holders, when they go to to the store with another discount coupon to buy something just because they grudge wasting their special offer. Often people keep buying more and more with those special offers not seeing that is the road into a debt.

Don't' be fooled by credit card specials and limited time offers. Don't spend more than you can cover in full!

Look at a credit card as a financial tool that gives you an opportunity to buy goods and services on credit (sometimes without paying an interest), transferring money form card to card to save money and keep you credit score high, which is essential for successful financial life nowadays.

None of the rewards are worth your debt!




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Updated: January, 13 2012


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