Most people use credit cards to pay for things. Whether it's big ticket items or something small, some just think it's easier to use a credit card then to carry around cash. Nothing's wrong with using a credit card, you just have to make sure you pay it off every month.

I know, you're wondering, why would I pay it off every month when all they require is the  minimum payment? Well, here's a good reason to pay it off completely every month. It SAVES YOU MONEY! How? You wonder. Every time you pay the required minimum, fees are added to your bill. So even though you are paying part of your credit card bill, you are spending more because they are adding interest to the rest of your bill. This ultimately means you are spending more money on the item or service you originally paid for. Plus, it will take you longer to pay it off. You will also want to make sure you pay your bill on time because the credit card company will add late fees to your bill. Late fees will cost you more money and take you longer to pay it off.

My suggestion is, if you use your credit card you better make sure you have the money to cover it when the bill comes. Some store credit cards will give you no interest on big ticket items or if you spend so much money in one purchase. I use this ALL the time. That's the only way I will buy a big ticket item that I can't payoff by the time the bill comes. Best Buy, Lowe's, Home Depot, and even Joe Tahan's Furniture offers no interest options several times throughout the year. Sometimes it will be no interest for 6 months others it might be no interest for 4 years! This is great for everyone. It works just like cash. The key to this is to make sure you pay the entire bill off before the deal is over with. If you don't, you will get charged all the interest that would have been accumulating throughout that time period.

So the next time you pull out the credit card, think twice before you use it.

These suggestions will not only save you money in the long run but it will also help keep you out of debt! Good luck!

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