Credit cards come with big responsibilities, so when you get them, you want to spend all this ‘free’ money on items that you would like. However, this is the common misconception, it is not ‘free’. The money that you get is not going to be magically erased when it comes to having to pay it back and this is where a lot of problems arise for those credit card regrets that you’ve probably had once or twice in your life.
Spending More Than What You Can Afford
When it comes to what you can afford, and what you have available, there are many things you have to consider. When you go out and blow 500 bucks on something nice, but know that you’re not going to be able to even put half that back on the credit card to get it down, this is where problems start.