With great power, comes great responsibility.
Sorry, I couldn’t help it. Every time I think about credit cards I keep thinking about how they’re like knives. They’re powerful and can get the job done, but one wrong move and you’re in deep trouble.
I love credit cards, I really do. They can help you out with so many things like get rewards points and bump up your credit score. However, it’s also super scary because for spenders, you can get into trouble when you spend more than you have in your bank account. It’s makes sense why so many people recommend that you cut up your credit cards if you’re heavily in debt.
In my opinion, that’s just a temporary solution. You need to think about why you got yourself into deep credit card doo doo in the first place. There are actually some tools out there than can help you use your credit card wisely.
Note that these tools aren’t meant to tackle the mindset issues related to your credit card. Rather, they help you keep an eye on your credit card behavior so you can start working on your habits.