10 Costly Credit Card Mistakes To Avoid
2. Minimum payments
This is one of the biggest mistakes the consumers make every time. It is better to pay off your credit card in full each month instead of carrying a balance from one month to the next. If that is not possible, then try to pay off as much amount you can pay each month. By paying the minimum amount on your credit card you will not only waste time to pay off your credit card balance, but also you will also tend to increase the amount of interest you pay on your credit card. Avoid falling into the trap of paying just the minimum amount. While it is good to set extra money aside as savings, but it’s better to pay off your credit card debt first and then save money in interest charges.
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