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
consumer stocks, reduce pay
Photo by 19 STUDIO from Shutterstock

Stocks

It’s worth mentioning that most brokerages won’t allow you to pay stocks with your credit card. However, if you managed to find a place where it’s possible, you’ll be charged many costly fees. Even more: if you borrow money to buy your stocks, you’ll have to pay any interest charges that will ultimately eat away all your returns.

A gouache illustration of a gallery painting with a price tag attached to a heavy black anchor.
A silhouette views a colorful painting with a massive price tag anchored to the gallery floor.

Expensive art

Even if you have a very large credit limit, you shouldn’t use your credit card to buy any collectible car or deluxe purchase that might tempt you at the moment. When it comes to getting anything with your credit card, it’s best if you just hold off for a while, especially when we’re talking about frivolous purchases.

And when we say frivolous purchases, we also mean that dreamy designer wedding dress, luxury holiday package, or the diamond you also dreamt of. None of these should be bought with your credit card.

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Your email address will not be published.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

  • Illustration of an intake form with a crossed-out SSN line, beside numbered blocks entering an open safe. Never Share Your SSN in These 12 Situations
  • Watercolor illustration of a large itemized scroll lying across a grassy hillside by a graveyard and chapel. The Hidden Funeral Costs That Catch Families Off Guard
  • A man tightens straps on cardboard moving boxes in a pickup truck bed outside a desert home while a woman walks inside. The Best States for Retirees Who Want to Skip State Income Taxes
  • A mature woman in a rust jacket unloads a duffel bag from an SUV trunk outside an adobe home with mountains behind. 8 Social Security Rules Every Divorced Retiree Should Understand
  • Older man at a credit union counter reviewing a deposit confirmation slip while holding a pen over a ledger. 7 Ways to Check That Your 2027 Deposits Are Correct
  • A smiling senior woman holds a harbor tour clipboard while standing on a brick waterfront promenade beside docked boats. 9 Retirement Towns With Strong Part-Time Job Markets for Seniors
  • Illustration of an April calendar, planter boxes, and a balance scale weighing tax deductions against retirement cash flow. 7 Tax Refund Mistakes Retirees Make Every Spring
  • Illustration of a U.S. Treasury check balanced on an arm connected to clockwork gears above an age timeline. 8 Social Security Check Mistakes Retirees Should Avoid
  • Travel insurance document, US passport, first aid kit, boarding pass, watch, water bottle, and sunglasses on a wooden floor. 10 Signs You Need Travel Insurance
  • An older man working in a woodworking shop pauses and looks back suspiciously at a ringing landline wall phone. 10 Phone Calls Claiming to Be From Medicare That Are Really Scams

Newsletter

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

Related Articles

An older woman holding a checklist sits across from a healthcare provider discussing medication in a pharmacy.

12 Questions to Ask Before Choosing a Medicare Plan for 2027

Ask these 12 vital questions before choosing your Medicare plan for 2027 to lower out-of-pocket…

Read More →
A warm, candid 35mm film photograph of a grandfather, mother, and young child sitting together on a living room sofa in soft afternoon sunli

10 Signs You Should Ask the SSA About Family Maximum Benefits

Learn 10 key signs you should ask the SSA about family maximum benefits, how payment…

Read More →
money 2023 buffett income

9 Financial Lessons From Warren Buffett and Charlie Munger

Index funds are a great invention Even if markets might go crazy, it’s still very…

Read More →
An editorial illustration showing two potted sprouts on a kitchen table; one grows freely, while the other is trimmed by pruning shears.

The Hold Harmless Rule: Why Some Retirees Got a Real Raise and Others Didn’t

Learn how the Social Security hold harmless rule protects your monthly check from rising Medicare…

Read More →
money

10 IMPORTANT Money Rules To Know by Heart Before You’re 60

Some things in life are so difficult to decipher, that it usually takes an entire…

Read More →
insurance

8 Basic Things to Know About Insurance

A person reviews physical insurance folders and digital documents on a tablet to stay organized…

Read More →
retirement contributions 2023

Ready to Max Out Your 401(k) in 2023? Here Are The Steps!

Increase your withholding If you are unable to fully fund your 401(k) now, you should…

Read More →
cheaper than florida

Cheaper Than Florida! 5 Gorgeous Places to Retire To

A smiling woman relaxes at a sun-drenched outdoor cafe in a charming coastal village, perfect…

Read More →
Watercolor illustration of a large itemized scroll lying across a grassy hillside by a graveyard and chapel.

The Hidden Funeral Costs That Catch Families Off Guard

Discover the hidden funeral costs that surprise families, from cemetery plots and vault requirements to…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Contact
  • Editorial Policy
  • Advertiser Disclosure
  • FAQ
  • Subscribe
  • Unsubscribe
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • Do not sell my personal information
  • Request to Know
  • Request to Delete
  • CA Private Policy

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.