When I was working as a teacher in the Phil. I had the privilege to have a credit card. It was under a known bank and I find it helpful. We enjoyed at first as a family, we used it anywhere we want to buy something. Having credit cards is helpful especially when we used it for it’s purpose.
When I planned to resign from work and decided to go out of the country I gave it up. However, we find it helpful again when we started to book online. I never thought that we will be needing it when we’re out of the country. So at this time we are hoping to have credit cards for that purpose. It would really helpful if we have even just one credit card to book online since we travel back and forth. But having more than one credit cards that would still be helpful especially when we travel to different countries. It would be easy for us to buy something using our credit cards. My friends have it too and they told us that it’s helpful and easy to purchase anything you want while traveling to different countries. Now, we wish to have it and hopefully soon.
Credit cards are very helpful indeed if we know how to handle them poperly like when we buy goods on credit but with a cash price spread over a twelve month period. Otherwise, a mismanaged credit card can be a source of big financial problems later on. The so called minimum allowable payment is just a trap. You should pay whatever is due to avoid costly fines and penalties that bloat your original account. Thanks for the post. God bless you all always.