Why Most People Use Credit Cards Wrong (And How to Fix It)

Here’s a fun fact: most people don’t know how to use credit cards properly. In fact, using them wrong could cost you a lot of money! For example, did you know that carrying a balance month to month costs you interest? And not just a little—credit card interest rates are super high! That’s like paying an extra fee every time you buy something. But there’s a simple fix! If you pay off your balance in full every month, you avoid those sneaky interest charges. Here’s another mistake people make: using credit cards for things they can’t afford. When you buy stuff on credit that you can’t pay back, it’s like putting a time bomb in your finances. Instead, make a budget and use your card for things you already planned to buy. Finally, remember this: your credit card is a tool, not a free pass to go on a shopping spree. If you follow these tips, you’ll use your credit card smartly and build a strong credit score over time!