Why Credit Cards Are Scary

WHY CREDIT CARDS ARE SCARY

1. PURCHASES MADE WITH CC ARE DIFFICULT TO RESELL AT FULL VALUE TO REPAY DEBT
2. YOUR APR CAN CHANGE AT ANY TIME WITHOUT WARNING
3. IT IS TOO EASY TO QUALIFY FOR MORE CREDIT
4. YOU DON'T FEEL THE IMPACT OF A PURCHASE BECAUSE A PIECE OF PLASTIC DULLS THE PHYSICAL IMPORTANCE OF MONEY

HOW TO LESSEN THE IMPACT OF A CREDIT CARD

1. BE MINDFUL OF HOW YOU SPEND AND MAKE SURE PURCHASES ALIGN WITH YOUR VALUES
2. USE A CREDIT CARD LIKE A DEBIT CARD. PAY BALANCE IN FULL EVERY MONTH
3. THROW AWAY CC MARKETING THE MOMENT YOU GET IT
4. TRACK YOUR PURCHASES AGAINST YOUR BUDGET OFTEN