As I’ve mentioned plenty of times in the past, I use a debit card for all of my spending, since it’s easy to track, the same as cash, and convenient.
But I understand the argument for using your credit card the same way, if you can control your spending, pay off the bill every month, and get reward points/cash back for it.
The big assumption, however, is that you pay off your balance every month. When you don’t, you start racking up interest and additional costs — and that’s where most people get in trouble.
So, I want to know: do you carry a credit card balance?
Answer the poll below and then let me know why in a comment.
[poll id=”24″]
