the credit cards

Credit cards
Now it isn't a luxury
It is a need for daily transactions
Avoiding cash avoiding robbed

Yet the opposite comes true
Over spending going into debts
When card holders showing lack of financial acumen
The spiral in the bad credit habits ruin a many

Don't possess too many credit cards
At best two will do for your life time
Learn how to manage your finances
Credit cards may make you lose control
Spending and spending as if it is free
Now it is time to cut and cut it down

Susan Mccarthy advises
Don't make the minimum payment
It makes you increase your costs
Don't carry too many credit cards
You can easily rack up your debts
Owing to low interest payments
You can't control your expenses

When payment dues
Don't miss the grace period
You will slap with higher interest cost
It is better to sign up on-line banking
So you dont have excuse to push it away
In the comfort of your home or office
One click your payment is made

Don't use credit cards for cash advances
It is worst than paying Ah Long
The interest rates and service fees
Way up to increase your cost of funds

The credit cards
No more a luxury
It is time to manage it well
What with the impending $50 charge fee

per card per year
So think about it........