What needs to be borne in mind is that no matter how many credit cards you have, it is you who has to pay the bills at the end of the day. There are no free lunches. You pay for everything that you purchase or use..
INDIANS HAVE taken to credit cards and the associated lifestyle like fish to water. Indians have beens using credit cards for a long time now. However, there are few things that must be remembered by all of us while go making huge purchases with the plastic money.
Getting a credit card is as easy as it always was. All you need to do is respond well to a tele-caller trying her best to persuade you to file a credit card application with the company she works for. The rest is less than cakewalk.
Someone will come over with a form that you need to fill in, and you would get a credit card within a week or so.
However, what needs to be borne in mind all the while is that no matter how many credit cards you have, it is you who has to pay the bills at the end of the day. There are no free lunches. You pay for everything that you purchase or use. And there is no getting away from that.
All that a credit card does is to facilitate purchases and defer the payment for a while. Use credit cards for convenience and not to borrow. If you started using it for the latter purpose you might soon be looking down a bottomless pit of credit.
No comments:
Post a Comment