11 Purchases You Should Never Make with a Credit Card

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A night out

Paying for a night out in town with a credit card might seem harmless after a couple of drinks, but just wait till you wake up the next day and realize your mistake. For a start, paying for drinks with plastic is a sure way to turn a few rounds into several more and increase the interest charge. When you don’t see the actual money, you are under the impression that you are having fun for free, which makes it even easier to overspend.

As a general rule of thumb, always pay in cash for entertainment if you don’t want to increase your debt and ruin your credit score. On that note, here are 7 Risky Activities You Shouldn’t Be Doing With Friends Right Now.

Think or you’ll sink with the next one…..

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25 comments on “11 Purchases You Should Never Make with a Credit Card”

  1. Actually, I did buy a car once using a credit card because it was the only way I could get a car. After the purchase, another credit card made me an offer to give me a low interest rate if I were to switch my credit card debt to that one, which I did. I didn’t use the new card to buy anything until after the car paid off.

  2. low blow mentioning your brother and sister in law, especially after going on and on and on about yor “financial discipline”.
    “oh,” – nobody cares….

  3. I recently bought a new mattress it was a planned purchase I picked my purchase went up removed my check book and he said oh no we don’t take money. He proceeded to set me up applying for a credit card I was approved. If I paid off no interest and at a lower sale price. My husband was furious. My credit took a hit because yes I canceled right away. But credit back I’ve destroyed the card for

  4. Is there anything left that can use credit card for? All this is simply not valid article. Simply know your credit card limits and ability to pay it off. If you can not pay it off. Do not but it. or Do not have a credit card in first place. Do not live above your means.

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