Before using your credit card, create a realistic budget that outlines your monthly income and expenses. (Pic Credit: Freepik)
One of the most effective ways to prevent credit card debt is to pay your balance in full each month. (Pic Credit: Freepik)
Resist the temptation to use your credit card for impulse purchases or non-essential expenses. (Pic Credit: Freepik)
Regularly monitor your credit card statements and track your spending to identify any patterns or trends. (Pic Credit: Freepik)
While credit cards offer the convenience of cash advances, they often come with high fees and interest rates. (Pic Credit: Freepik)
Familiarize yourself with the interest rates associated with your credit cards, including the annual percentage rate (APR) for purchases, balance transfers, and cash advances. (Pic Credit: Freepik)
If you find yourself struggling with credit card debt, don't hesitate to seek help from a financial advisor or credit counselor. (Pic Credit: Freepik)