Life has changed for all of us in the last fifteen years. Gone are the days when we’ll drive fifty or one hundred miles to buy that bargain TV or refrigerator. And gone are the days when we have to wait three weeks for the delivery! When we buy online, we know what we’re getting. We’ve checked the specs on several websites. We used a comparison website to find the cheapest online retailer. And then we made sure the customer reviews were singing the praises of the product we bought. Does that mean the days of using cash and checks are gone too?
Why Would You Want To Live Without A Credit Card?
It is quite possibly impossible to live without some form of online payment. We simply can’t buy everything we need from the mall, high street, or city. A credit card is just one way of paying for those goods and services online. Bitcoins, PayPal, and the trusty debit card are the most common alternatives.
Most of our utility bills or subscriptions are paid directly from the bank account once per month. Once it’s set up, you don’t even need to think about it. The same goes for using the credit card. You just put in the numbers, and then they can be used again and again by that company for goods and services. No wonder more of us become wary of using credit cards.
The biggest problem with credit is paying it back plus the interest. Aside from any annual fees you might incur, you can avoid interest altogether. But that means you have to pay off your full balance all in one go when the statement comes in. If that’s tough for you to do some months, it would make sense to try to avoid the credit card altogether.
Finding The Credit Card That Suits Your Lifestyle
In reality, the credit card isn’t just convenient, but it is also one of the safest ways to buy goods and services. It’s not directly attached to your bank account, so fraudulent spending can’t wipe you out. And if you do query an item on the bill, the bank won’t charge you for it until the issue is resolved. They cover the cost of the investigation and swallow the fraudulent charges.
Different credit cards cost you different amounts of money. Some have annual fees. Others have high-interest charges. Use websites like reviews.creditcard to find out what other cards might offer. They’ll even teach you how to transfer your balance to a better card. This might be one way to make using a credit card suit your individual lifestyle preferences.
Making Sure You Never Get Into Trouble With Your Credit Card
The easiest way is to pay the bill in full every month. To keep track of spending, use the app associated with your bank or card. Keep receipts. You might even prefer to keep a spreadsheet of your spending. Make your usage visible, so you always know what you’ve spent. That way, you can make informed choices about your next purchase.