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Your email address will not be published.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

  • 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
  • A woman in her 60s reviews financial paperwork at a sunlit kitchen table, captured in a candid, documentary-style photograph. 9 Financial Perks Many Retirees Overlook

Newsletter

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

Related Articles

annuity

Is an Annuity a Good Idea if You Don’t Have High Net Worth?

A woman holds a glowing shield-shaped puzzle piece, illustrating how the right financial security fits…

Read More →
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

Discover how proposed legislation like the Social Security Expansion Act and the 2100 Act could…

Read More →
income retire stealth

Will You Retire in 2023? Here Are 6 Things You Need to Know!

Annuities When it comes to annuities, you should definitely consider them for your retirement. However,…

Read More →
Risks, Emergency Fund

New Bill Could Send $600 Tariff Rebates to Millions (See If You Qualify!)

What This Could Mean in Practice for You If the bill were to pass and…

Read More →

8 High Paying Jobs for Introverts

A woman works peacefully on her tablet in a cozy home library, surrounded by books…

Read More →
Donald Trump Money Secrets tax plans tariff

Trump’s 2025 Tax Plans: What He HIDES From You

It shouldn’t come as a surprise that Donald Trump’s second presidency represents completely different things…

Read More →
A senior citizen sits at a desk, reviewing paperwork and ignoring a ringing phone, with a computer displaying a secure website.

7 Common Financial Scams Targeting Seniors and How to Avoid Them

Scam #3: Tech Support and Computer Scams As more of our lives move online, from…

Read More →

9 Retirement Communities With Surprisingly Low HOA Fees

3. Sun City (Sun City, Arizona) As the original 55+ master-planned community built by Del…

Read More →
free tax assistance avoid

Sitting on A Gold Mine? Here’s how To Avoid Paying Taxes (6 Law-Proof Methods)

It’s no secret that individuals and business owners have more than one way to complete…

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.