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10 Purchases You Shouldn’t Make With a Credit Card | Money Talks News

Image Credit: https://www.flickr.com/photos/89228431@N06/11322991934

Credit cards are easy and convenient to use, and you get to pay for your purchase later. Which is the reason so many people people have credit card debt and can’t figure out where they are going to get the money to pay off that debt. But there are specific things you really should avoid using your credit card to pay for. According to Money Talks News, here are 10 purchases you shouldn’t make with a credit card:

  1. Household bills
  2. Cars
  3. Student loans
  4. Retail therapy
  5. Medical Bills
  6. A night on the town
  7. Big-ticket items you can’t pay off immediately
  8. Credit card payments
  9. ‘Sale’ items
  10. Unsecured online purchases

 

While some of you reading this are very disciplined at paying off your credit cards every month and love using them for everything so you can get the card rewards, many people are not in that situation, as this survey shows. This list is especially geared for those who are not great with debt.

For the full article and their reasons you shouldn’t use your credit card for the above purchases, click here. And be wise when using your credit cards.

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