Credit cards are an amazing tool that make it convenient to purchase goods and services.
But too many of us are using it inappropriately and buying things that we can’t afford.
💰 Since credit cards allow us to “buy now and pay later”, we believe that we can go on a shopping spree and pay the balance back over time.
📉 But by making just the minimum payments, you’ll be paying 60% more than what you spent in the first place!
Instead, only purchase what you can pay off within the month. This way, you won’t have to pay any interest onyour purchases.
🔺 Properly using your credit cards will help you boostyour credit score, which will enable you to get the best rates on your mortgage when you purchase a home!
Getting good rates lets you save thousands over the lifetime of the loan and puts more money back in your pocket!
If you want an easy way to increase your credit score, then check out Smart Credit through the link: https://www.smartcredit.com/?PID=14089
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