Hello. My name is Mary and I am a shopaholic.
Okay, former shopaholic. I had to make a serious effort to kick the habit when I realized that adulthood is expensive and I was going to die of kidney failure from all the ramen I was eating. Also, credit card debt is anxiety-inducing and no fun at all. Having two accountants for parents and a few years of experience in finance, I really should have known better.
It’s just so hard, you know? When you are a worldly girl who likes pretty things, interesting foods and fun social gatherings, it’s hard to say no to temptation. It’s even harder when you have a piece of plastic that allows you to have fun now and pay later. Without discipline and a keen eye on your budget, you might pay dearly for lacking of self-control.
Thus, I have listed the 10 Credit Card Commandments that my fellow shopaholics can follow in order to fight the good fight and keep their finances on the right path.
I) Thou shalt fully comprehend the power of having a credit card.
By having a credit card, you have the ability to build an amazing credit history that will allow you to own the things you want and need, like the right house or the perfect car. But you also have the ability to ruin your credit history and put all those possibilities out of reach. Take your financial responsibility seriously.
Check out the other 9 here!