In Debts? Watch Ur Credit Card Spending!!!

Ours want are many! When we go shopping we want to buy this & that! Anythings beautiful & fanciful we saw in the Mall we want to buy! But do we really needs such things?

'I want!', ' Buy now! Pay later!', ' I will pay by credit card!'. Is this the usual reasons u gave urself to buy all this beautiful, fanciful but totally unnecessary stuff? I am sure u buy all this stuff just because u have a credit card!

'Buy now! I will think about payment later!' That is the problem with having a credit card! As long as I can use it, buying is not a problem! So of cause u will use ur credit card like no tomorrow & before u know it u end up buying all sort of stuff! Stuff which u don't really need in ur daily life.

If u r rich & money is not a problem then monthly payment for all this credit card spending is not a problem! But in most case we r just ordinary people earning just enough to have a 'comfortable' life, so with all this 'uncontrollable' spending on credit card we will be in big trouble!

It is best that we can settle all outstanding credit card charges monthly! But if we use our credit card like no tomorrow then it is likely that we can't settle the credit card bill when it arrived!

That is when the problem begin! All outstanding credit card charges attracted interest which is very high! And all this interest is compounded to outstanding bill on each month so very soon the outstanding credit card charges balloon to a huge amount!

Before u know it u are in debts! U will be receiving call from credit card center for payment! U will have to pay up at least the minimum amount! U might be able to pay up this minimum amount initially but for how long? If u can't settled off the credit card outstanding amount u will end up with a never ending debts!

So please use credit card with care!