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Do you use a credit card? Why or why not?
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this post was submitted on 21 Aug 2023
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what i have (which usually isn't much) is in my pocket. if i can't pay for it, it doesn't get bought (u.s.)
at the office (it's just two of us), it's different. we use cards for convenience, but we still don't spend what we don't have in the bank.
I do the same, but with a credit card. I never allow my credit card balance to exceed my non-emergency fund cash, unless it's an emergency, in which case it can eat into my emergency fund reserves.
Essentially, I use it the same way I would a debit card, but it gets paid monthly instead of being pulled out instantly. I use a budgeting tool that pulls down transactions, so I always know my bank and credit balances.