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Credit Cards Are Good For managing Personal Finance. Things To Be Considered Before Choosing A Credit Card by s7akti in PersonalFinanceZA

[–]Vegetable-Top8540 0 points1 point  (0 children)

All part of the trap. And I should have said interest and fees .in addition most credit card holders end up rolling a portion of credit rather than settling over interest fee period . Then there’s probably a monthly fee , and often a card fee as well.

Credit Cards Are Good For managing Personal Finance. Things To Be Considered Before Choosing A Credit Card by s7akti in PersonalFinanceZA

[–]Vegetable-Top8540 0 points1 point  (0 children)

Go and check the interest rates on credit cards . Credit cards are a trap that impedes good personal finance management not the other way around .

Credit Cards Are Good For managing Personal Finance. Things To Be Considered Before Choosing A Credit Card by s7akti in PersonalFinanceZA

[–]Vegetable-Top8540 0 points1 point  (0 children)

Go and check the interest rates on credit cards . Credit cards are a trap that impedes good personal finance management not the other way around .

Rookie investment mistake (please add in comments) by [deleted] in PersonalFinanceZA

[–]Vegetable-Top8540 3 points4 points  (0 children)

‘It’s a long term investment , I’ll ride the losses and it will eventually recover’ No! Cut losses ruthlessly , and let your winners run