Personal Finance
3 Kinds Of People Who Should Use Credit Cards (And 2 That Shouldn't)
By fundMyLife  •  September 3, 2018

Posted on September 3rd 2018

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credit card

fundMyLife

opinion

Credit cards can seem like a godsend. One swipe for your purchases, and you won’t have to worry about paying it until the end of the month. Being a credit card user, it allows you to delay your payments made usually up to 52 days of the interest-free period. Having a credit card also significantly reduces the amount of cash you carry in your wallet. While it is definitely useful, all it takes is a mistake in handling your purchases before it becomes ab-useful. Hurhurhur, get it? Not everyone should use it, to be honest. In this article, fundMyLife describes three kinds of people who should use credit cards, and two kinds that definitely shouldn’t.

People who should use credit cards #1 You make expensive purchases

One advantage of having a credit card is that you don’t

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By fundMyLife
fundMyLife is a platform that aims to empower Singaporeans to make financial decisions confidently. We also connect consumers to the right financial planners in a private and anonymous manner, based on their financial planning questions.
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