Here are some reasons why a credit card is good for you and your pocket.
1. A credit card is fast, easy, and reliable- In replace of cash, use plastic, as they say in the shopping malls. No money involved here. You just swipe your credit card and you’re done. You get home with your purchases. Plus, you can also have access to your money wherever you are, depending on the credit card plan that you avail and you can use it anywhere on Earth. When unexpected payments come, you can also use your credit card in a jiffy.
2. A credit card is manageability- When you use credit card for shopping, you are able to track down your expenses, what you have bought and any activity done on your credit card. You can also pay your bills without leaving your home - just by logging on to your computer and paying online. You also have the ability to know how much credit limit you have when you receive notifications from your bank via email, and they can also inform you whether some mysterious transactions are being made in your credit card.
3. A credit card can be flexible- When you use credit card for shopping, for instance, you have the power to buy anything anytime. Since this is in replacement of cash, you just need to have it swiped and you go home with your purchases. If you go on a trip and you didn’t bring money with you, go use your credit card. This is also good for those unexpected purchases and costs. What’s more, you get to pay all your purchase sixty days later which would give you ample time to save.
4. A credit card is actually a good investment- As long as you pay on time, a credit card is a good investment. There are actually some banks which give you rewards for using your credit card. So if you are faithful in paying your bills, you are sure to have a couple of incentives such as a two-way ticket to a particular destination, shopping sprees, gift certificates, or even free movie and concert tickets.
5. A credit card protects you from fraud- Unlike a debit card where you need to withdraw and the money immediately gets removed from your account, a credit card protects your money and doesn’t release the cash until one month later. The credit card company safeguards your cash from possible nuisance transactions, provided you take some action to protect pin number and your card.
6. A credit card lets you build a good credit rating- Manage your credit card well so you can have a healthy credit card rating.
Joy is an active blogger who is fond of sharing interesting finance management tips to encourage people to manage their personal finances. More specifically, she advocates that people should check 3 credit reports regularly.
Add comment
- Author Articles
- More From This AuthorMany adults know the importance of protecting their credit and guarding their personal identification, but for children, this problem is too abstract for them to grasp. Problem is, children can also fall...Before the age of the internet and social media, planning for your retirement may not be a breeze since you need to study many books, consult many advisers and talk to many experts about it. But during this...Planning a wedding is a little bit hard. It’s more difficult to plan a wedding without debt. So what do you need to do when the prices of commodities and services just keep going up these days? According to...Credit scores are more than just numbers. A credit score is the reflection of your overall credit character. Understanding these scores is important to knowing how they can be damaging or in understanding how...Not too many people know that family planning is very essential. Some make the mistake of going through the wedding ceremony without really thinking about how many children they want while others just keep on...
- Related Articles
- Related ArticlesOne of the challenges of companies and businesses is to handle and manage people. This is true especially when we are already talking about hundreds or thousands of employees already. All the more, employee...Jogging and running, whether for exercise or competition, constitute one of the most efficient ways to get in shape, trim off extra weight, and build endurance. There is no question that there are multiple...THIS SEPTEMBER, during New York fashion week, boutique owner Laure Heriard Dubreuil was at the opening of an exhibition of fashion photographer Peter Lindbergh's work. As she toured the show, she noticed...Direct income businesses offer you tiny threat and huge advantages for women of all ages enthusiastic about beginning a home-centered enterprise. Regardless of whether a woman is looking to supplement her...Hair is typical in creatures on this earth, and pretty much all family pets bridegroom themselves and their locks as a part of cleanliness. But it is only Men and women, who pay far more awareness to...
- Latest Articles
- Latest ArticlesOne of the challenges of companies and businesses is to handle and manage people. This is true especially when we are already talking about hundreds or thousands of employees already. All the more, employee...Pelvic warts are by far the most common type of partner-transmitted disease, affecting men and women alike. This widespread disease is caused by certain strains of the human papillomavirus, or HPV – an...In applications where sealings of chemically aggressive fluids at elevated temperatures are required, the use of fluorocarbon elastomers FKM is uniquely suited. The high performance physical and chemical...The selection of the correct grade of material as well as the right design for o-rings and gaskets is of vital importance to the sealing intergrity of the final product. Rubber sealing technology primarily...Jogging and running, whether for exercise or competition, constitute one of the most efficient ways to get in shape, trim off extra weight, and build endurance. There is no question that there are multiple...
