Here what I write or discuss is based on my experience it is not to convince anyone to follow my Strategies it is only to strengthen my belief in myself, but this may give you some idea or information because learning from others experience is best learning.
Using of the credit card is an art. This art can give you mental peace or mental troubles. All most all have information about the interest free period of 50 days.
It means one can enjoy the money for 50 days without interest. It means one can buys things by credit card and one will have to pay after 50 days.
If one utilise this strategies strictly and continuously the one can gets some reward points and one's credit score will also increase.
If someone is not able to pay the bill of the credit c aa rd then he will have to psy hefty interest aldo. The interest of the credit card is very high between 25 to 30 percentage.
As for as my self is condemned I use credit card for whole month for different uses and at at last I I pay the whole bill of the credit card on time.
So there is liquidity of money for whole month, and I earn reward points also.
Always keep the points related to the credit card
Pay the bill on tim
OVER USED THE CARD
Keep record of your expenditures it should not be used to purchase things which are no longer required.
If you follow this strategy then you will have mental peace otherwise mental trouble we will have to go through.
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