Wednesday, March 28, 2018

Control your credit card instead of being controlled by a credit card

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A few years ago, I borrowed one of his friends in his house in Punta Cana, Dominican Republic. This is a great place, you can imagine the most beautiful beach! At the time, in addition to my friends, everyone began to tell and warn me to be careful because it was a very dangerous country and it was not safe outside all inclusive resorts.

I was surprised once I got there. This place is very beautiful... and safe. People go to the grocery store and put cars and vans in the car to keep the car cool and fresh, because the heat is so bad... I mean, everyone puts the keys in the car, the engine While running, they shop for their products!!

Then I saw it. People in the resort are wary of the dangers of your country, because if you leave there, you will see... You will notice that you can buy a $ 20 souvenir at the resort and only find a dollar there. Instead of paying about $100 a day for each person, you can rent $1,000 for a villa for 6 people throughout the month.

You may ask yourself, what does this have to do with credit cards? This is the same. We do not have financial education, because if we have, we can see. Once you learn to control your credit card, you will see the difference between them and you will notice what each person's interest rate is and you will be able to decide whether to make better cash purchases or multiple payments, with only one or more, Cancel credit cards that are useless to you... Carefully consider rewarded cards...

If you control a credit card, they will lose it. If they control you, they will win. The decision depends on you: Learn to control your credit card and repay credit card debt. You will finally see and control your financial situation.


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