With cards, we are tempted to buy more and forget to pay back. This will result in increase amount of debt. We will have money to buy the things we like but at times we forget to know our limitation to pay back. This is big draw back. Banks issue the credit card with free of cost. They know that the credit card holder some day or the other will fail to pay the amount as a result end up paying with the penalty charges.
Spend thriftier should be very careful. Know the billing period of the card. Purchase the goods only after your billing date is over. This will help you get the maximum credit days from the bank. Pay on time and you will be winner or else you will loose your money.
Set alarm for the payment of the credit card bills or else one will land up paying more than the worth of goods one is buying.
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