Question

Paying for stuff with credit cards is a really bad habit to get into, and people should avoid it as much as possible. Agree or Disagree?

Answer 1

Sort of true. If you use too much money on your card, you'll have to deal with paying all that money back for the rest of your life. On the other hand, if you do use it you won't have to worry about spending your own money. With a debit card, you're using your own money BUT you don't have to worry about making any payments if you go over your price range because then it would just decline if you don't have enough money. In all, it depends on the way you look at it. One side might seem better than the other but they're pretty good either way.

Answer 2

Ty

Answer 3

Eh? Studies have shown credit cards make you spend more than you otherwise would but rewards are generally 2 to 5 percent so if you ser yourself up correctly you'll have slightly more purchasing power with credit cards.

Without using a credit card you won't be able to easily maintain a credit score for things like home or auto zones.

Overall the biggest peril is overspending but if you can control it there's definite benefits.

Answer 4

Ty

Answer 5

I heavily agree, from experience my dad overused his credit card, only use a credit card for something you know you can quickly pay off, or else you could end up buried in interest

Answer 6

You can pay off your credit card long before the balance is due. The key to it is monitoring your finances more frequently than monthly.

If you use a credit card as a personal loan card you'll get buried in interest as the APR rates are really high. Just don't do that and you'll be fine.

Answer 7

Disagree, because as long as u pay ur bills, u have nthing 2 worry about. just gatta be wise

Answer 8

Credit cards a never rlly bad. but the person who uses them can make bad decisions

Answer 9

tyy