Except in extenuating circumstances, you (consumer) should have your budget under control enough that you can at least pay for your monthly necessities with monthly income. By keeping required purchases like groceries and utility bills off of your credit card, you’ll be taking a major step in the right direction to getting your spending under control.
Consider that a Rs 3 gallon of milk purchased with a credit card can quickly turn into a Rs 30 gallon of milk if you don’t pay off the balance at a specified time.
Where possible, reduce your spending in other areas to focus on paying off your credit card debt.

Posted by Admin