GMR 163: How to Use Credit Cards Without Wrecking Your Budget

Show Notes

How to use credit cards without wrecking your budget

Use your credit card as a form of payment, not as an extra source of income.

Assign each Credit Card transaction to a budget category.

Ensures you’re only spending what you’ve planned.

Helps you keep track of all your credit card usage.

Makes it easier to pay the balance in full every month.

Manage your money with a zero-based budget

The best way to track expenses is with a debit card

You can use a Credit card, but be aware, your checking account balance won’t match your budget tool until you pay off your credit card.

Pay off the full balance each month, not the statement balance.

Prevents you from overspending.

Keeps everything reconciled and balanced.

Eliminates interest charges.

Resources

Debt tools and other free resources - https://leosabo.com/resources
David’s website - www.stewardshippastors.com