I don’t understand people who don’t use credit cards that way. Why would you spend money that you do not have only to end up spending more later on?
I mean, I can see it if you’re broke and lost your job and need to eat so you stretch it as long as you can but that’s not someone in a situation that should be using it to buy video games.
It’s also useful for travel or large purchases since they often include protection. As a general rule, you should not be purchasing things you normally would on a credit card unless the intention is an immediate payoff. For large purchases, though, they can be useful: fix something wrong with the house, get some expensive equipment you need for work, etc. As long as you have a plan to pay off quickly, then all’s good.
I don’t understand people who don’t use credit cards that way. Why would you spend money that you do not have only to end up spending more later on?
I mean, I can see it if you’re broke and lost your job and need to eat so you stretch it as long as you can but that’s not someone in a situation that should be using it to buy video games.
It’s also useful for travel or large purchases since they often include protection. As a general rule, you should not be purchasing things you normally would on a credit card unless the intention is an immediate payoff. For large purchases, though, they can be useful: fix something wrong with the house, get some expensive equipment you need for work, etc. As long as you have a plan to pay off quickly, then all’s good.