Credit Card is Good
we've been through a society that saying credit card is bad. it will lead you into deep debt. yeah i have to agree with this. credit card is not for those who doesn't know the value of money.
credit card itself is putting you in debt. everytime you use it, you have to pay it later. it you are not smart, you'll end up cash out more than your cash in and make you deeply in debt. this is where the skill of 'valuing' money is very vital.
i list down some benefit by paying using credit card:-
1. you can keep your cash for any emergency.
2. you can collect points and redeem in the end, some banks offers goods to exchange with your points, some offer cash rebate, etc.
3. you may defer your current expenditure into your next month's salary. so you're gonna have a better projection on your next cash-out.
4. you don't need to bring cash on your wallet.
5. you can pay your car's fuel at the pump.
6. you can plan wisely for shopping by buying a bundle of goods since credit card has its minimum pay.
7. you can educate your children by controlling their money-out (kids don't use credit card).
provided...
1. you have knowledge about 'valuing' your money.
2. you are at least in the middle-class group.
3. you are sane.
4. you will pay the full bill.
5. you got money.
6. you got money.
7. you got money.
well, anyway it will work only if you know the value of money...
credit card itself is putting you in debt. everytime you use it, you have to pay it later. it you are not smart, you'll end up cash out more than your cash in and make you deeply in debt. this is where the skill of 'valuing' money is very vital.
i list down some benefit by paying using credit card:-
1. you can keep your cash for any emergency.
2. you can collect points and redeem in the end, some banks offers goods to exchange with your points, some offer cash rebate, etc.
3. you may defer your current expenditure into your next month's salary. so you're gonna have a better projection on your next cash-out.
4. you don't need to bring cash on your wallet.
5. you can pay your car's fuel at the pump.
6. you can plan wisely for shopping by buying a bundle of goods since credit card has its minimum pay.
7. you can educate your children by controlling their money-out (kids don't use credit card).
provided...
1. you have knowledge about 'valuing' your money.
2. you are at least in the middle-class group.
3. you are sane.
4. you will pay the full bill.
5. you got money.
6. you got money.
7. you got money.
well, anyway it will work only if you know the value of money...
