Credit cards are pretty cool! They can be a fantastic luxury that give us the freedom to make purchases fast and simply, without cash.
As with all good things in life, there are ‘gotchas’ to watch out for. If not handled smoothly, credit cards can damage your financial health, and have you gasping for air in a mountain of card debt.
There is a lot of financial lingo to warp your head around. Statements are complicated long documents, with a mish mash of terms and numbers. And then there’s all the math you have to do to really understand what is going on with the interest fees!
Well, we are here to help! Here is your Bright Life guide to getting on top of all key terms so you can read your credit card statements like a children’s nursery book.
Credit cards are convenient and a great tool. However they have ‘gotchas’. Get that little bit of knowledge so you understand what is going on.. Mostly people opt for credit cards without the right information on how to use them well. Getting that clarity, will help have the best experience with your cards: the right money decisions and staying on top of your credit card debt.
The Bright app helps you with all the tough stuff in managing your credit cards:
This is 3 minutes of your time put to great use - get on top of all the terms, figures and percentages in those credit card statements.
Save thousands of wasted dollars from high credit card interest by just following these 3 approaches.