Finance Tip of the Day

5 Play Rules for Using Credit to Your Advantage: RULE #3

  • 2019 9 Jan
  • COMMENTS
5 Play Rules for Using Credit to Your Advantage: RULE #3

mvelopes

Pay Off Balance in Full Every Month – Non Negotiable

This is most obvious and sadly most ignored credit card rule.

As long as you pay your balance in full every month, you remain in control. As soon as you start keeping a revolving balance, you give the control over to your credit card company. Make a decision that as soon as you stop paying your balances in full, you stop using your cards! 

Today's tip brought to you by Mvelopes and Money4Life Coaching.




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