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″]
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I don’t carry a balance because I don’t carry credit cards. I decided sometmie ago that they really offered us no benefits that I couldn’t get with our debit cards.
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