There are two reasons for getting a credit card. One is that people with credit cards are very nice, and I want to get one. The other is because of lack of money.
As a result, I once overdrawn my consumption and owed a lot of debts. I have not paid them off yet, and I am worried about paying them back every month.
I also want to advise people who want to spend in advance to be cautious, but the money spent on credit cards still needs to be paid back. Don't be tempted by the 50-day interest-free period. You still have to return it when it's due. Don't spend in advance, no matter how much money you have and how many things you do.
If I had a choice, I would never get a credit card, because I can only get a credit card with future money, and the gap will never be filled. Many friends around me use it this way, so I feel bad.
If I had a choice, I would still apply for a credit card. Why? Because I use the credit card in the right way, and some people use it in the wrong way.
Needless to say, the longest interest-free period of many credit cards is 56 days. The consumption during this period is equivalent to the bank lending money to itself without interest, so interest-free is naturally cost-effective. What's more, there may be some preferential activities in peacetime.
Of course, the biggest role of credit cards is actually to deal with emergencies when money is scarce. Everyone knows that it is difficult to borrow money. It is better to rely on others than on yourself. Credit cards can solve urgent needs.
First of all, these people are not interested in interest-free credit cards, but are interested in installment payment, even at the expense of supporting high handling fees. The result is that people who are not well-off spend in advance, and the money earned later will always be paid back to the credit card first.
The second is that some people withdraw cash not to understand the urgent need, but simply for other purposes, even high-risk investment, or some people have no money at all, so they withdraw cash. If one credit card has no money to pay back, I will use another credit card to pay back the first one and live an endless life of paying back the credit card.
Neither of these behaviors is desirable. When you wake up, you have already paid too much.
Credit cards are basically good if we treat them correctly and are not confused by short-term material enjoyment. I have never used a credit card to withdraw cash for so many years, and I have only used installment once. I didn't spend it myself in advance, but I took a fancy to interest-free, so even installment is cost-effective for me.
Finally, I suggest that if you are rational enough, it is not a big problem to apply for a credit card. If you can't control your hands, don't apply for a credit card, lest you spend too much and overdraw your credit card.