For example, using the characteristics of credit card to delay repayment, cardholders can choose not to pay off their consumption, and use the function of revolving credit to put cash in investment channels with higher returns instead of making a sum of money. If you have two cards, you can extend the payment period. If you have two credit cards, one will be closed at the beginning of the month and the other at the middle of the month. You will use this card one or two days before the beginning of the month and the next few days, and the other card will be used around the middle of the month. In this way, the payment will be delayed for one and a half months to two months! Moreover, using credit cards can also help you save money, because the competition in the credit card market is very fierce now, and banks often offer discounts or lottery activities. So if your card-issuing bank is holding feedback or prize-winning activities, you can use that credit card more and strive for more feedback and prize-winning opportunities. At present, identification cards provide a lot of feedback, and using these identification cards can also save a lot of money when shopping. Of course, you still have to pay for swiping your card, but don't underestimate that sentence! You can use the monthly statement provided by the bank to analyze and count your daily consumption and do a good job in personal finance. Make good use of credit cards, you must be the most prudent financial expert. Revolving credit is a short-term loan. Compared with long-term and high-amount loans, the interest rate charged is of course higher. However, because there is no need for collateral, it can be borrowed and returned, so it is more flexible in application. If you feel that it is now or never when you encounter commodity discounts or investment opportunities, you can consider using revolving credit to pay for consumption and using cash to invest. Of course, you must carefully evaluate and ensure that the return on investment is higher than the revolving credit rate! Revolving credit &; Compared with Europe and America, credit loans used to be conservative in China's financial habits, and most China people used to pay off all the signed accounts; At present, the utilization rate of "revolving credit" increases with the increase of the number of contracted accounts of China people; However, most of this rising figure comes from a basic financial management method adopted by cardholders when their deposits are insufficient to pay off the money. Compared with long-term and high-amount loans, credit card loans can be mortgaged for repayment, which is very flexible to use. If there are discounts on goods, or excellent investment opportunities, and the available cash is limited, you can consider giving play to the short-term financing benefits of credit cards; But the revolving interest rate of credit cards is as high as 20%. In order to make full use of the financing function of "revolving credit", cardholders should make good use of their bank relationship with the issuing bank to obtain personal credit limit (the interest rate is much lower than that of credit cards), so as to make full use of financial management. The word "credit" of a credit card is actually meaningful. First of all, you must have a good credit record before the bank is willing to issue a credit card to you. The consumption status and repayment record of your credit card will be an important reference for the bank to evaluate your credit rating in the future. Especially banks engaged in consumer finance are paying more and more attention to the resale of existing customers. If you can make good use of credit cards to establish a good credit record, you may enjoy better preferential treatment or simpler procedures when applying for other types of loans from banks in the future. The popularity of credit cards in Taiwan Province Province is quite high. To sum up, when you choose and use a credit card, you should not only regard it as a simple payment tool, but also take it as a financial tool to play its financial functions! The advantage of bill financing is to concentrate your own expenses on the same credit card; Knowing your own income and expenditure pattern first is the first step of effective financial management; Credit card companies will sort out consumption records for cardholders on a monthly basis; Of course, the quality of records has a great relationship with the efficiency of helping cardholders manage their finances. An efficient bill for credit card bill financing should not only list the date, store (or even item) and amount of each consumption every month, but also classify the consumption items, and inform frequent cardholders of the latest preferential and promotional information on the bill; Even if there is no credit card consumption record in that month, there should be a monthly bill with the latest consumption amount of zero in that month. If consumers make good use of the monthly bills of credit cards, they can not only easily understand their spending and consumption patterns, but also enjoy some preferential policies that suit them by taking advantage of the activities of credit card issuing banks. However, if consumers hold credit cards issued by several banks at the same time, it will take more time to sort out their consumption situation and different payment time limits. Credit card bills, which are often regarded as "spare cards" by cardholders, are usually due to the fact that this card is free of annual fees. Because of this, this cartoon often stops sorting out and sending bills when the card is not used for consumption, which brings inconvenience to cardholders and the risk of missing financial reconciliation. The recording and analysis of expenditure First, knowing your income and expenditure pattern is the basic action of financial management. The monthly statement of credit card lists the date, shop (even goods) and amount of consumption one by one. After a period of accumulation, sorting and analysis, you can have a basic understanding of your consumption pattern. Expenditure management also involves consumers using different cards or credit cards issued by different banks for expenditure management; For example, if you have frequent business trips and social opportunities, you may concentrate your business expenses on the same credit card, while your private consumption will be concentrated on another card. When you submit the accounts and analyze the expenditure records, you can see it at a glance. Another more complicated way is to allocate several different types of expenses to different cards, which can also achieve the purpose of expenditure management. Short-term fund scheduling When there is temporary high expenditure or short-term fund demand, credit card is actually a very convenient fund scheduling tool, which can be used in the following ways: temporarily increasing the quota, borrowing cash in advance, and circulating credit. Increase the quota: the higher temporary expenses for traveling abroad or wedding banquets can be met by increasing the quota, and will be paid after the store accounts. Because of the high amount, even if the payment is only forty or fifty days late, the interest expenses saved are quite a lot! Cash advance: If the short-term demand cannot be paid by credit card, cash advance can sometimes play an emergency role, and as long as the advance amount is paid before the payment deadline, this part of the loan only needs to pay the handling fee and does not generate interest charges. Short-term capital turnover fund-raising time is short and the amount is not high. Time deposit pledge loan, mutual aid association, loan from relatives and friends, cash advance by credit card, etc. , all meet the needs of rapid turnover. When the year is approaching or in urgent need, how should consumers choose among many turnover channels? Time deposit consumer: You can apply for a time deposit pledge loan from the bank and get a sum of money quickly. Even if there is no time deposit, consumers who own stocks or insurance policies can get a working capital from the bank by mortgage. Consumers with good personal relationships can consider opening their business directly to relatives and friends; If you feel humiliated, you can also use the method of "mutual aid meeting" or raise enough funds in a short time. Hold a credit card: you can borrow cash in advance with a credit card to obtain funds. Credit card is a very convenient fund dispatching tool, and its advantage is that it does not need to provide any collateral. Moreover, as long as the advance loan amount is paid before the payment deadline, this part of the loan only needs to pay the handling fee and will not generate interest charges. For consumers who often use the credit card turnover line for credit card lending, the real financial management coup is to transfer the accumulated payable amount on the bill to the bank for "credit card lending" or "credit card compensation". Because the revolving credit line provided by the credit card is a short-term loan, which bears interest on a daily basis; Whenever consumers use the revolving credit card line, they will be charged about 20% of the annual interest limit by banks (different banks). Compared with the interest level of about 0/6% from credit card to mortgage/KLOC, consumers can save at least about 30% of interest expenses. In addition to saving interest expenses, generally speaking, credit card lending can at least provide consumers with the following benefits: providing brand-new credit card spending power: once consumers concentrate high-interest revolving credit lines into low-interest credit card lending accounts, it is equivalent to improving their spending power and enjoying the fun of spending by swiping their cards again. Reduce the cost of capital dispatch: financial management is nothing more than saving money, using money and borrowing money; Credit card lending allows consumers to obtain cost-effective funds in the simplest way. Comprehensive accounting expenditure management record: consumers can concentrate part or all of the outstanding revolving credit lines of the bank into one comprehensive account, thus avoiding the inconvenience of managing multiple credit card accounts, saving financial management time and facilitating the management of multiple accounts.