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Cash or Credit Card?
29 Mar 2017 (29 views)

There is an article from the moneysmart website that entails the pros and the cons of using a credit card. 


A brief summary of the key points of the articles are as follows,

1) You are able to attain savings for expected/planned expenditure monthly through the cashbacks and discounts offered by using a credit card.

2) You no longer have to fret if you lose your receipt as credit card statements could serve as one and keep track of your monthly expenditure.

3) It is still very worthwhile to make planned purchases with a Credit Card if the savings gained is more than the annual cost of the credit card.

4) Discipline is required to make sure bills are paid in full and on time.

5) Only make purchases that you can afford. 
 


You can read about it more in http://blog.moneysmart.sg/credit-cards/


Cash or Credit Card?
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There is an article from the moneysmart website that entails the pros and the cons of using a credit card. 


A brief summary of the key points of the articles are as follows,

1) You are able to attain savings for expected/planned expenditure monthly through the cashbacks and discounts offered by using a credit card.

2) You no longer have to fret if you lose your receipt as credit card statements could serve as one and keep track of your monthly expenditure.

3) It is still very worthwhile to make planned purchases with a Credit Card if the savings gained is more than the annual cost of the credit card.

4) Discipline is required to make sure bills are paid in full and on time.

5) Only make purchases that you can afford. 
 


You can read about it more in http://blog.moneysmart.sg/credit-cards/