Kick Freedom winding Credit Card

Does not feel, we've entered the end of October. Lebaran holiday for a month and has now passed to meet the Christmas holidays and year-end holidays (two months away, be patient my friends). But the joy we remember the good times last holiday or vacation to imagine the future, lest we forget the obligations we all, including paying credit card bills from our shopping yesterday.

Most of us probably credit card users. Indeed, in addition to facilitate shopping, using credit cards can also help us effectively borrowing money for a month without interest, if we are disciplined in paying bills. Conversely, if we do not discipline, interest charges from credit card or from a late payment penalty can be 'choked' your finances.

To prevent that happening, it is able to discern some Klabers following important points:

1. Discipline in the use of: credit cards is not extra money. All expenditures must we pay the next month if we want to remain free from the burden of interest. Therefore, use credit cards for purchases that have been budgeted, which we have the ability to immediately pay it off.

2. Do not be tempted campaign: One appeal of using a credit card is offered seabreg promotion. However, do not let this campaign encourages you to shop outside of the needs, regardless of discounts offered. Take advantage of promotions to shoppers according to your needs and budget.

3. Pay off the entire bill: credit card interest is one of the highest rates in your credit history. Imagine, with 3% interest per month, interest rate per year was 36%, not taking into account interest expense of flowering again. If we do not get used to pay off the entire bill, we can get stuck in? ~ Entanglement 'flowers that are difficult to be released.

4. Note the related burden of credit card: Remember, the use of credit cards also have loads before you may not realize, for example, the cost of stamp duty and transfer fees via ATM. As far as possible minimize these costs by using only one credit card and from the bank where you have savings / ATM to eliminate transfer fees. Also, always remember the due date for late fee charges are also pretty good (about Rp75 thousand gold type card). When you include people who are lazy street to an ATM, you can arrange to pay by auto debit or via the internet. Also, use reward points to pay the annual fee credit card.

5. When already in debt, reduce interest charges as soon as possible: If you already owe more than the ability to pay in the next month, berkreasilah. You can try to reduce the interest burden arising out quickly. Many credit card providers that offer balance transfers with 0% interest for the first few months.