Credit is good, but credit cards used the wrong way is gone horribly wrong. Only use credit card that you can easily pay off, reckless spending on credit cards can creep up on you by end of the month. If you are spending on your business, keep a close expense report monitoring where your money is going. Planning is key, if you plan on how to use your credit card, it will work for you and not against you. It is vital for you and your business, if you don’t, then you will end up like most businesses who lose focus, either close shop or file for the bankruptcy that will ruin your credit and your business.
Be careful of credit cards
Credit is good, but credit cards used the wrong way is gone horribly wrong. Only use credit card that you can easily pay off, reckless spending on credit cards can creep up on you by end of the month. If you are spending on your business, keep a close expense report monitoring where your money is going. Planning is key, if you plan on how to use your credit card, it will work for you and not against you. It is vital for you and your business, if you don’t, then you will end up like most businesses who lose focus, either close shop or file for the bankruptcy that will ruin your credit and your business.
