Followers

Friday, 20 June 2025

Truism (for the avoidance of debt #2)

 Treat your credit card as your best friend.

 

Personal thought - We all like to have friends, with whom you can go through thick and thin and your credit card can be one such friend.

Ask a friend to lend you £50  and you should feel honour bound to pay them back within the week. If you do your friendship would continue. Asking for £100 would be ok later because you are friends and your history of paying back is good.

So, treat your credit card as you would a best friend and all will be well - no fall-outs and no debt interest.

I suppose the philosophy is to payback before borrowing more whilst utilising the convenience of your credit card, your best friend.


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