Home » Give Yourself Credit, Your Financial Fitness

Proceed With Caution And Receive The Credit

5 January 2010 3,652 views 7 Comments

Only use your credit card for items that you already have the cash to pay for them in full when that credit card bill arrives.  Set aside cash on a regular basis in a designated savings account for this specific purpose.  When your credit card bill comes due, pay it in full using the cash you have accumulated in this specific savings account that you created exclusively for this purpose.

Not only will your money be growing with the interest that this savings account accumulates, plus, you will be getting the added savings benefit by building up cash-back dollars in the credit card’s cash-back award plan that you can apply to your future bills.  Additionally, you will be building a good credit score.  I cannot overstate how important this credit card procedure is to your financial health, your financial fitness.

7 Comments »

  • sandra said:

    Hi, I like your website. This is a good site and I wanted to post a note to let you know, good job! Thanks Jessica

    # 9 June 2010 at 3:34 am
  • lea said:

    the information you provide on this site has helped me tremendously. Thank you for all of your time and work.

    # 13 June 2010 at 7:35 pm
  • lalo said:

    Straight to the point and well written! Why can’t everyone else be like this?

    # 21 August 2011 at 5:19 pm
  • sam said:

    It took me time to read all the tips, but I clearly loved the many posts. It proved to be very helpful to me and I’m certain to all of the commenters here!

    # 4 September 2011 at 11:34 pm
  • tommy said:

    Really informative. I really like your other posts. Keep up the great work. … 🙂 thanks

    # 8 September 2011 at 12:55 am
  • rihanna said:

    Thanks for the suggestions about credit repair on this excellent web-site.

    # 21 November 2011 at 1:45 am
  • Crystal said:

    Thx again!…

    This is a topic which is close to my heart… Many thanks!

    # 4 March 2013 at 5:08 pm