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When you run a bit short on money, you can use a credit card to pay a bill if the establishment accepts them. Think of credit cards as loans that your bank or credit company allows, provided that you pay the balance plus interest in full.
Most people do not keep track of their credit card use, and end up with a lot of unpaid bills. The solicitor of the credit card company may even call you up at home and remind you to pay up your credit bills, or else they'll be forced to take action.
How to go away with your credit catd?
When you get down to it, a credit card is a very convenient kind of debt. All debts can mount up and potentially ruin your finances.
The best way to avoid credit card debt is to go to the bank and have your card canceled.
You can practice financial discipline if you pay for all your purchases in cash. Credit cards allow you to be more flexible with your spending, which sometimes means that you would spend money on things you don't need.
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