Quote:
Originally Posted by saillias
What do you suggest?
I mean in a perfect world, I would pay off all my purchases instantly, but it doesn't always work out that way...
|
Don't buy things on credit cards that you can't afford. Buying a house that will appreciate (hopefully) with a 2.5-4% mortgage can make sense. Buying a disposable product or service that you do not require on credit at 20% doesn't make any sense. If you so choose to get the same product or service, there are much cheaper forms of credit. If you don't have access to these forms of credit, you likely need to adjust your current, and future, spending patterns. Unless it's an emergency, you shouldn't be purchasing anything with a credit card that you won't be able to fully pay off once the bill arrives.