Thursday, June 4, 2020

Credit Card Charges

For some individuals, credit cards are looked at in such a negative way. Just like any other financial tool, it has perks and downfalls dependent on the way that we use them.

Financial experts say that we can charge most of our daily expenses on a credit card, but there are a few expenses that we should try to avoid at all costs. Some of the costs that we should not put on our credit cards are our monthly rent/mortgage, large purchases, taxes, medical bills, and small impulse purchases.

Those expenses should be avoided, but the article "The 5 types of expenses experts say you should never charge on a credit card" goes into more depth on why we should not put those expense on our cards and the consequences that may occur if we do so.

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