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Your email address will not be published.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 retired couple sits at a sunny kitchen table, thoughtfully reviewing financial papers together with coffee mugs nearby. Married and Retiring? Here's How to Claim Thousands More in Social Security Benefits
  • An ink and watercolor illustration of a balance scale weighing a glass tip jar against a document labeled federal programs. Here's Who Won and Lost Under Trump’s "Big, Beautiful Bill" (Where Do You Stand?)
  • Split-screen watercolor illustration showing an older man in a library with a $5,181 check and an older woman in a kitchen with a $2,076 che Morgan Freeman vs. the Average American: Who Gets More in Social Security?
  • An editorial illustration of a person guided through a bank-wall maze away from a basic account door toward a premium fee-paying door. These Banks Are Accused of Pushing Customers Away From Basic Accounts
  • An ink and watercolor illustration of an older couple entering a cozy, sunlit neighborhood diner. The SNAP Restaurant Meals Program: Which States Allow Seniors to Use Benefits at Restaurants
  • A mid-century gouache illustration of a relaxed retired man sitting in a lounge chair with a tablet, balancing work and leisure. 12 Stress-Free Jobs for Retirees With High-Salaries
  • A retired couple relaxing on a stone terrace overlooking a Mediterranean coastal village during sunset, captured in warm film photography. The 30 Best Countries to Spend Your Retirement In – Which One Is Your Favorite?
  • An active retiree in his late 60s working part-time at a sunlit plant nursery greenhouse, watering green seedlings. The Part-Time Jobs With a 401(k) Match That Most Retirees Don't Know Exist
  • A woman sits on a moving box in her urban apartment, looking at a laptop showing scenic mountain relocation programs. These US Towns Will Pay You to Move There
  • An editorial illustration of a mailbox with a Social Security check inside, having a 32% slice snipped off by scissors labeled Medicare. Medicare Part B Ate 32% of Last Year's COLA. Will It Happen Again in 2027?

Newsletter

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

Related Articles

lottery

Still Playing The Lottery? Here Are 10 Reasons to Stop

A happy couple laughs while preparing fresh vegetables in a sunlit kitchen, finding true richness…

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 →
Saving Tips

5 Best Retirement Saving Tips for People Under 44 Years Old

A woman gazes thoughtfully out a sunlit cafe window, reflecting on her future while enjoying…

Read More →
protect your money in a divorce

6 Ways to Protect Your Money in a Divorce

Organizing a stack of case files and a digital calendar is the first step toward…

Read More →
small towns to retire in

5 Amazing Small Towns to Retire In for Only $2,300 a Month

Pennsylvania: Greensburg Greensburg is the small city of your dreams if you decide that Pennsylvania…

Read More →
An editorial illustration of a person guided through a bank-wall maze away from a basic account door toward a premium fee-paying door.

These Banks Are Accused of Pushing Customers Away From Basic Accounts

Learn how banks steer customers toward high-fee checking accounts and discover how to protect your…

Read More →
email scam

7 Citibank Scams to AVOID at All Costs

A woman browses her tablet in a public cafe, unaware of the hooded figure watching…

Read More →

Don’t Keep These 9 Things in a Safe Deposit Box—You’ll Regret It

A passport, cash, and sealed documents sit beside a safe, but some essentials are better…

Read More →
An elegant watercolor and ink illustration depicting stylized plants representing different income streams like fixed income and dividends.

The Supplemental Income Sources Available Today

Discover practical strategies for building supplemental income today through high-yield accounts, tax-advantaged investments, and smart…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Subscribe
  • Unsubscribe
  • 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.