With the improvement of the convenience of life now, the credit card that was still in the promotion period a few years ago is now basically one for everyone. Especially young people, some people will have at most five or six credit cards. But how to use credit cards to better manage your own funds?

First of all, you should have a clear understanding of your income and expenditure, and at the same time have good self-control ability. Under such circumstances, it is reasonable for you to spend moderately by credit card and pay back in a planned way, at least you don't have to beg for money everywhere.

If you are a casual consumer and have no good self-control, you can brush whatever you think and buy whatever you want, then you will feel great when you consume, but you will be shocked when you repay. Why did you spend so much money unintentionally? Especially when the repayment is higher than your salary, you will be even worse. This means that your finances are already in deficit.

So how are you going to pay it back? Some people will cash out several credit cards to repay each other, but this will bring more trouble and terrible deficit expansion. Because if you cash out, you will charge high interest, and finally you will have to pay the price.

When you are in this financial situation, when you pay back all your credit cards every month and spend unlimited money with them, your account will get bigger and bigger, which will make you miserable.

How to change it?

First, combine multiple credit cards into one. First, transfer all credit card accounts to one credit card, and cancel the rest. In this way, you only pay it once a month, avoiding the interest expenses of cashing out each other.

Second: For this large credit card, make a detailed repayment plan. Pay a fixed amount of money and pay back the credit card. If possible, you'd better ask your family for help, borrow some cash to pay back your credit card, and ensure that the monthly repayment is within your tolerance. Pay back the credit card and then pay back the money you borrowed from friends and family in a planned way. Step by step.

Third: at this time, your monthly debt is at least decreasing, and you don't have to pay high interest to the bank. Your quality of life will be improved to some extent. And it is not far from getting rid of "Kanu".

Fourth, we should control our consumption desire and plan our life reasonably in the future. Use credit cards carefully. Manage your own funds.