Credit cards can be a great option for some purchases, if you have financial discipline. However, if you struggle to repay your credit card debt and are being hit with high interest rates and late fees, you may want to stop using it until you can get your finances in order. We know how hard it can be to ignore the convenience of using credit cards, so we’ve put together this list of reasons why you should avoid credit and why cash is advantageous.
Key Takeaways
- Credit cards offer valuable perks and benefits, but they can cost you in the long run if you carry a balance every month.
- People with poor credit scores pay higher interest rates, so using credit cards costs them more.
- Switching from relying on credit cards to using cash or…
