Comments on: 5 Situations Where You Should Leave Your Credit Card in Your Wallet

By: Craig@Debt Support Trust

Craig@Debt Support Trust — Thu, 17 Mar 2011 11:42:25 +0000

Generally it should be ok to use credit to pay for anything so long as you are able to pay it back by the end of the month. Whether you use credit cards to pay for a holiday or food shopping it should be ok but if you are using a credit card to pay for necessaries then it could be a bad sign.

By: Ray

Ray — Wed, 19 Jan 2011 17:47:21 +0000

One of the best things to do is not have a credit card at all. but in this day and age most business no matter what it is operates with a card of some form.

By: John Gamings

John Gamings — Mon, 03 Jan 2011 07:46:21 +0000

LOL at #4. “Don’t Start a Marriage on Credit”. Haha so true

By: Ramona

Ramona — Thu, 18 Nov 2010 10:03:53 +0000

Thanks for the tips. I’m thinking of leaving credit card even at home. I have a bad self-control.
I would add that you shouldn’t pay in supermarket with a credit card, ’cause every time I receive bills, it’s just awful how much money I’m spending on food!

By: Amber

Amber — Wed, 01 Sep 2010 07:46:37 +0000

The trouble is, for some the temptation is just too great. Most people’s lifestyle expands or contracts according to their perception of what they can afford. Having that card makes them feel that they have more money, because there is “unspent money” on the card. The main thing you have to remember is that credit cards are not “free money”, they can be very expensive money.

By: Stephanie

Stephanie — Sun, 22 Aug 2010 15:37:47 +0000

Just to clarify, jyia, you’re talking about situations where you shouldn’t use a debit card, correct?

By: jiya

jiya — Sat, 21 Aug 2010 06:41:43 +0000

i would like to add:-
Gas Stations and Hotels
This one depends on the individual business. Some gas stations and hotels will place holds to cover customers who may leave without settling the entire bill. That means that even though you only bought $10 in gas, you could have a temporary bank hold for $50 to $100, says Tiffany.
Ditto hotels, where there are sometimes holds or deposits in the hundreds to make sure you don’t run up a long distance bill, empty the mini bar or trash the room. The practice is almost unnoticeable if you’re using credit, but can be problematic if you’re using a debit card and have just enough in the account to cover what you need.

thanks
best regards
jiya..

By: sarah

sarah — Fri, 30 Jul 2010 06:16:02 +0000

I use my debit card for everything. I thought about getting a credit card, that just one more thing I have to keep track of.i will follow your tips whenever i will use my credit card..
thanks
best regards..
$arah..

By: Financial bondage

Financial bondage — Thu, 22 Jul 2010 01:32:12 +0000

don’t buy consumable goods on credit… gas, food, that sort of thing… because when the goods are gone, you could still be paying on them for months or years. bad idea.

By: Laura Davis

Laura Davis — Thu, 01 Jul 2010 18:19:27 +0000

If you’re spending all over the place with your credit card, then your budget is really going to suffer. Think about all your expenses beforehand. This article really helped me with tips about budgeting.
http://www.gobankingrates.com/savings-account/what-to-do-if-your-budget-doesnt-balance/