Although credit card brings forth many conveniences, it may yield risk if people are not circumspect in spending their money. As most people around the world usually imprudently let their spending exceed their incomes, they, most often, end up in vast debts. If one lumps into debt, one will consider saving money for richness to be almost impossible, for one will use most of, or almost all, his or her income to pay the debt. In case of debts not being paid at the right time, interest rate will increase, resulting in even greater debts. Hence, to lead most of one’s income into the saving account instead of the lender, one should control the spending behavior by choosing not to use credit
Although credit card brings forth many conveniences, it may yield risk if people are not circumspect in spending their money. As most people around the world usually imprudently let their spending exceed their incomes, they, most often, end up in vast debts. If one lumps into debt, one will consider saving money for richness to be almost impossible, for one will use most of, or almost all, his or her income to pay the debt. In case of debts not being paid at the right time, interest rate will increase, resulting in even greater debts. Hence, to lead most of one’s income into the saving account instead of the lender, one should control the spending behavior by choosing not to use credit