Understand what are the advantages of paying with your credit card, the best occasions for this and take the opportunity to organize finances.

We often talk about the risks of using the credit card uncontrollably, the very high interest rates and the snowball that it can all turn. But, do you know when it is a good idea to use the card in favor of your finances? Do you know all the advantages that this payment method has to offer you?

Here we will teach you how and when to use and you will see: the bill will close!

Let's go?

Organizing payments

It seems controversial, but organization of credit card payments can be easier than when we use cash or debit function. This is because, throughout the month you can consult the progress of your invoice every day and put your foot on the brake, if you see that it will burst in spending.

If you are from the team who prefers to use spreadsheets for your monthly budget, the fact that the invoice is paid in a single day makes it possible to check all spending and launch at one time in your control, so you already slaughter from amount that had expected to spend in that period.

Pocket breath

Buying without the exact money in hand (or account) is another great advantage. Credit card helps you gain a breath, approximately 30 days until the payment date.

We do not recommend that you commit financially to something that cannot bear later, but maybe this is not the time required to fall the next salary or receive that long -awaited commission?

In sight or in installments?

You need to buy something with the price far above what you can spend in a single month this is another time when the credit card becomes your ally: Diluting the value in installments can be a great help in cases like this.

For you to be even happier and safer with your installment, we have separated 3 simple tips:

- Whenever you close a installment purchase, see if this payment option is not being charged interest. To ensure this, check if the final value of the purchase is beating with cash value;

- Not to have the feeling that you are paying for something you no longer use, avoid a huge number of installments: no one likes to pay for a course or a trip, a long time later, right? Our recommendation is in advance , so until the start date, you will probably have already paid or will be very close to that.

-Remember that the installments also consume the limit of your card. You may need it in the future and surpass it is not a good idea, as we said here. ( Link to what I pay on the invoice)

Security

Imagine needing to go shopping with a certain amount of cash in the wallet, taking subway or bus? At these times, taking the card can be a great advantage to keep you safe and avoid headaches such as theft or theft.

You may also be thinking about the issues involving security for card use, especially on virtual purchases, so we indicate reading our full post about safety and fraud prevention.

Remember that for this to all work out and you go far from the debts related to your card, it is worth taking the following care:

→ Do not have several credit cards, this can become a trap when organizing and knowing the dates of each of them;

→ Always avoid that possible to opt for installment of your invoices, remember the highest interest rates on the market and reconsider your options;

→ Know your current spending and gains to determine a maximum amount to be spent on the card every month.

See just?

You can have a lighter relationship with your finances and also with your credit card! Tell us if you have thought of using the card in any of these situations and how it has saved you.

If you want to know more about this and other topics, visit the Uncomplicated Finance