Many credit cards have rewards programs that you can use to your benefit. Instead of thinking of a credit card as debt you can consider the security and money savings as an added bonus. Research and find out what will be the best option for you. Personally I recommend looking at the Chase Freedom rewards. It has no annual fee and you can get almost anything back with it (cash, gift certificates, merchandise & travel). If you pay a credit card off in full you avoid interest.
You can pay your bills, grocery shop any out of pocket expense. But keep a ledger so you don't over spend. Then at the end of the year you have extra Christmas money. If you spend $2000 a month, thats at least $240 back in your pocket. (Based on just 1% back & they have bonuses of 5% each quarter).
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If you want to maximize rewards credit cards by using them for everyday purchases, make sure to transfer that amount from your checking to your savinigs when you buy. When you get your credit card bill, the $ are there, just transfer back to checking to pay off the credit card bill in full.
Good way to avoid overspending and still get rewards or points on your credit card, and still be able to pay the bill in full when it comes due to avoid paying interest charges.
I know that not everyone likes or needs credit cards, yet having a Target credit card allows me to save 5% on every purchase, large or small. I really appreciate that the 5% is taken off during the initial purchase, versus sending out points, rewards cards, etc. The key to having any type of credit card is paying it off in FULL - monthly! I never accrue interest, and I save some money on every day items.
I've always used my credit cards like debit cards. If I don't have the money, I don't charge it. Credit cards have other benefits such as cash back and extra protection, but they don't have to be used to rack up debt. Doing this has kept me free of credit card debt.
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