Saying No To Credit
If you are going to invest, you have to learn how to value money. And if you rely heavily on credit cards for simple purchases, it would not teach you self-control. Investopedia lists down nine reasons why we should not rely on credit. As an investor, you should take heed of these reasons. It is just one of the many ways where we can show that we are good investors. The bottom-line here according to Amy Fontinelle is that “not financing your purchases doesn’t mean you can’t pay with a credit card - you just have to pay your bill in full within a month”.
