Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

Never Pay for These 14 Things With Your Credit Card

December 5, 2022 · Personal Finance
credit card scams pay
Photo by Andrey_Popov from Shutterstock

Big-ticket stuff you can’t pay off right away

Credit cards have all these great purchase protections, so you should use them for various big-ticket purchases. However, buying something on credit when you can’t pay it back right away isn’t a smart choice at all.

A clean, minimalist diagram showing a red spiral arrow representing interest growing between two debt bars.
A red arrow shows how compounded interest turns your original balance into a much larger debt.

Credit card payments

In theory, you shouldn’t and mustn’t charge your monthly credit card payment on another credit card. You’ve probably been tempted to do so. You will pay a cash advance fee and it’s likely for you to get a bigger interest rate on the amount of money advanced than you pay on your credit card purchases.

You might not get a grace period on the interest the way you’d normally do with credit card purchases. Interest will probably begin to accumulate right away.

Pages: 1 2 3 4 5 6 7 8

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

2 comments on “Never Pay for These 14 Things With Your Credit Card”

  1. Andy says:
    May 12, 2023 at 12:27 pm

    So what the hell do you use your card for?? You’ve eliminated almost every normal expense or enjoyment of any everyday JOE. Granted I agree with half of your suggestions but enjoying an evening out with your wife? She deserves a nice evening out!!!

    Reply
  2. Derrick Smith says:
    December 25, 2022 at 7:51 pm

    What do you suggest using your personal credit card on?

    Reply
Se încarcă comentarii...

Nu mai există comentarii de afișat.

Search

Latest Posts

  • A warm, textured paper collage showing scissors trimming a receipt alongside icons of a house, car, and grocery basket. 7 Purchases Retirees Are Cutting Back On
  • An illustration of a classic mailbox with an envelope reading 'Social Security Update: Proposed Boost' under warm morning light. Congress Is Considering a Bigger Social Security Raise Than the COLA - Here's What We Know
  • A stylized screenprint illustration of a geometric shield protecting a glowing compass and home from abstract red lightning bolts. 5 Places People Turn to Protect Their Money During Global Conflict
  • An illustration of a senior couple protected by a large canopy shaped like a tax document, representing savings. Social Security Tax Elimination: Who Could Gain $1,500—and Who Could Miss Out
  • A close-up photograph of a person at a kitchen table reviewing their bank accounts on a phone next to a notepad of calculations. Using Autopay? Avoid These 6 Common Mistakes
  • A collage showing a person's silhouette made of shredded medical forms and a Medicaid card, with a padlock symbolizing protection. Find Out If You Were a Victim of Medicaid Fraud!
  • A minimalist ink illustration of a June 2026 calendar with the 15th circled in bold red ink and a fountain pen resting nearby. Don't Miss These Important IRS Tax Deadlines in June
  • A navy folder labeled 'Vital Financial Documents' sits on a kitchen table next to a coffee mug and a secure fireproof lockbox. The Safest Places to Store Your Financial Documents
  • An editorial collage featuring a brass compass, financial documents, a family photo, and a metal key, representing a financial roadmap. 8 Financial Details Loved Ones Need to Know
  • A senior man smiling at a laptop in a sunlit public library with books on the table and a park view through the window. 10 Simple Retirement Joys That Cost Nothing

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

A senior woman sits peacefully in her sunny kitchen, symbolizing the comfort of aging in place.

9 Free Programs That Help Seniors Stay Independent at Home

Discover nine federal and state assistance programs designed to help older adults offset healthcare, utility,…

Read More →

How the Iran War Could Impact Social Security and Senior Budgets

Fixed Incomes and Limited Flexibility One of the biggest challenges seniors face is the lack…

Read More →
A senior man smiling at a laptop in a sunlit public library with books on the table and a park view through the window.

10 Simple Retirement Joys That Cost Nothing

Discover ten fulfilling and completely free activities for retirees, from college auditing and premium fitness…

Read More →
name as a brand

6 People Who Used Their Own Name as a Brand

A visionary leader overlooks the city skyline, reflecting on the powerful brand legacy she built…

Read More →
small business

Great Small Business Ideas For Retirees

Are you thinking of owning a small business? If you always imagined leading your passion…

Read More →
retire

Money Talk: The Best 7 Things To Teach Your Grandkids About Finances

A grandfather and granddaughter sit on a sofa, sharing a lesson about money with a…

Read More →
cost of living

Top 11 US States Rated by the Cost of Living

Idaho Idaho’s cost of living is 106.1. As Social Security benefits aren’t taxable, other types…

Read More →
A graph showing the rising cost of groceries, gas, and utilities over time, alongside a relatively flat line representing fixed retirement income.

The Sneaky Ways Inflation is Eroding Your Retirement Savings

Healthcare Costs: Inflation’s Supercharged Effect on Retirees For retirees, healthcare is one of the largest…

Read More →
amazon prime, money

Here’s How to Get Your Refund From Amazon’s $2.5B FTC Settlement

4. Who Must File a Claim to Get Paid If you didn’t receive an automatic…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact
  • Request to Know
  • Request to Delete
  • CA Private Policy

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.