Consumers are more likely to spend more money when they pay by credit card, this is said to be because people do not experience the abstract pain of payments. Staying on a budget is all based on your self-regulation but you can consider applying the following tips:

Monitoring your payments,...

 Paying off your balance each month helps you avoid interest completely and improves your credit score. Using an autopay feature ensures that you never miss a payment and therefore never have to worry about paying extra in interest.

Credit card issuers prefer that you use your card for making purchase payments, if instead, you withdraw cash at an ATM, for instance, you get charged a transaction fee, finance charges and a higher interest rate. It’s the most expensive transaction you can make with a credit card.

Emergencies are one of the reasons people go into credit card debt therefore building a safety net by saving or investing in appreciating assets will ensure that whatever the future throws at you, you’ll have the capacity to return a serve.

The better your credit card score the lower interest you should have to pay. If your credit score has improved and you have always cleared your bills on time, it might be time to give your credit card issuer a call. Most credit card issuers provide varying interest rates to cardholders based on t...

Medical bills may show up unexpected but putting them on your credit card is not the answer. Doing these will cost you a lot of money in interest instead, call your doctor or hospital’s billing department and ask about your options, hospitals usually have a structure for interest-free monthly pay...