Credit Cards Hot Buttons

The craze of credit cards has almost swept everyone. With the convenience factor they provide to users more are considering credit cards as easy to swipe in-and-out companion when shopping or dining out. Bringing a lot of cash can sometimes be life threatening especially if you are in unsecured areas.And if you run out of cash and an emergency situation requires you, the credit card can help you out in an instant.






The primary concept of credit cards is to provide consumers with the amount of money needed in emergency situations. However, people tend to use them in replacement of cash subject to everyday use making their monthly salary used up in the next payday. This habit is quite alarming since the credit card providers are the only ones making money in the end while the users are left in a never-ending cycle of debt. If you are a credit card user already I am certain that you will agree with me in some ways but if you are just planning to get yourself one, read on first about the dirty little secrets this tiny card has.

All the terms and conditions agreements of credit card providers are subject to change without prior notice. This means that they can charge you anytime they want at a rate higher than the usual. This is some kind of robbing you in a way that you cannot speak out. Since most credit cards depend on the current foreign exchange which is always changing, the same happens with your debts. It keeps on rolling and rolling over time until such moment that you cannot cope up anymore with your debts leaving you deeply grounded in misery.

Think twice if you are yet planning to apply for a credit card. It will tremendously put your life upside down when you don’t know how to manage your expenses wisely. You can still eat and shop without using your credit lines. You can still continue to enjoy a convenient life and that is when you start figuring out that credit card will do no good at all. If you want to live a life free from huge debt worries then, your choice is to stop depending your expenses on credits. Make it a habit and you’ll see the difference in the future.