Many of us tend to go a bit mad with our credit cards at Christmas time. But as soon as the joy of Christmas has passed, we begin to feel a huge sense of regret. There is so much pressure to buy things at this time of year and it can be so easy to forget that this money has to be repaid. Here are just a few tips to ensure that your use of the credit card over Christmas doesn't put a dampener on the New Year.
- Make sure you set yourself a limit on what you can and can't spend on your credit card. It is important that you don't spend any more than you will be able to pay off at the end of the month. Interest on credit cards can really hurt over time and you might spend the whole of next year trying to get out of debt.
- You need to remember that as far as gifts are concerned it is the thought that counts. There are now millions of novel gifts to be found online and when you choose something different people are not going to be worried about the price tag. Unusual gifts will be well received no matter how little they have cost.
- Be careful when using your credit card to buy things online. Websites that are secure to use will have a picture of a closed lock at the bottom of the screen and this is very important; only make sure you use reputable sites.
- If you have a history of abusing your credit card then you might want to ask somebody you trust to keep it in their possession over the holiday period. You may think this sounds a bit OTT but it would be preferable to spending the whole of next year in debt.
- Make sure you set yourself a limit on what you can and can't spend on your credit card. It is important that you don't spend any more than you will be able to pay off at the end of the month. Interest on credit cards can really hurt over time and you might spend the whole of next year trying to get out of debt.
- You need to remember that as far as gifts are concerned it is the thought that counts. There are now millions of novel gifts to be found online and when you choose something different people are not going to be worried about the price tag. Unusual gifts will be well received no matter how little they have cost.
- Be careful when using your credit card to buy things online. Websites that are secure to use will have a picture of a closed lock at the bottom of the screen and this is very important; only make sure you use reputable sites.
- If you have a history of abusing your credit card then you might want to ask somebody you trust to keep it in their possession over the holiday period. You may think this sounds a bit OTT but it would be preferable to spending the whole of next year in debt.
