A lot of people are looking forward to getting their hands on some great perks when they’re signing up for rewards credit cards. Whether we’re talking about extra cash at the pump or at your favorite hardware store, these are definitely a treat for a lot of users. But there’s one big advantage such cards bring and many users aren’t aware of it…
No more wasted money on useless stuff
Yes, you got that right. As long as you use them properly, these cards have what it takes to stop you from splashing the cash on stuff you usually don’t need.
To be more specific, the cashback you earn through your credit cards isn’t money you earn from a job or project, nor depend upon. Therefore, everything can be used in any way you want, instead of saving it or use it to pay the bills already covered by the paycheck. Also, having a bit of extra cash to spend, you won’t be tempted to make any impulse purchases.
Let temptation behind
From time to time, you will be tempted to buy something for no reason. How about checking the balances on your rewards credit cards first and see if you have enough to cover for that item?
Obviously, if the answer is positive, go for it! If not, put that purchase on hold and you’ll thank yourself later.
This simple system has what it takes to keep you in check for a long time, while allowing you to treat yourself from time to time, without having to worry about any kind of financial backlash.
Yes, there are way better uses for credit card rewards, we know. But if you are tempted to overspend, the above-presented tips should really come in handy, giving your financial life a bit of balance!