Gud Story
  • Home
  • Business
    • All
    • Automotive
    • Crypto
    • Education
    • Entrepreneurs
    • Finance
    • Healthcare
    • Industries
    • Insurance
    • Investment
    • Legal
    • Retail
    • Share Market
    • Startup
    What is Business Analytics

    What is Business Analytics? All You Need to Know

    Building Your Own RC Vehicle

    Building Your Own RC Vehicle from Scratch

    Ways to Maximise Credit Card Benefits

    5 Ways to Maximise Credit Card Benefits

    Beauty of Cosmetic Dental Procedures

    Unlocking The Beauty of Cosmetic Dental Procedures

    Build a Successful Thrift Store

    Build a Successful Thrift Store: Operational Changes for Success

    Collecting Bitcoins in Faucets

    Can You Make a Living from Collecting Bitcoins in Faucets?

    Trending Tags

    • Decor
      • All
      • Design Ideas
      • Events
      • Furniture
      • Gardening
      • Home Repair
      • Housekeeping
      • HVAC Control System
      • Kitchen
      • Painting
      • Pest Control
      • Plumbing
      Corner sofa bed

      Why a Corner Sofa Bed is The Ultimate Multi-Functional Furniture?

      Painting An Accent Wall

      The Ultimate Guide for Painting An Accent Wall

      How to Spot the Signs of Sewer Problems

      Don’t Let Sewer Problems Go Unnoticed: How to Spot the Signs

      Venue for Corporate Events

      Tips for Choosing Perfect Venue for Corporate Events

      Metal Restaurant Chairs

      The Modern Appeal of Metal Restaurant Chairs: Combining Style and Functionality

      How to Get Rid of Wasps an Easy Guideline

      Bid Farewell to Stinging Wasps: How to Get Rid of Wasps an Easy Guideline

      Trending Tags

      • Lifestyle
        • All
        • Beauty
        • Culture
        • Drink
        • Fashion
        • Food
        • Hair Care
        • Health
        • Jewellery
        • Make up
        • Parenting
        • Shopping
        • Skin Care
        • Travel
        Cost to Build an Actual Lightsaber

        How Much Does it Cost to Build an Actual Lightsaber?

        How to Store Indian Mangoes

        How to Store Indian Mangoes and Make Them Last Longer?

        Freedom and Privacy That Fake IDs Provide

        Enjoying The Freedom and Privacy That Fake IDs Provide

        Why Custom Keychains are Popular

        Why Custom Keychains are Popular For Business Promotions?

        High-Quality Fake Yeezy Shoes

        The Pros and Cons of Purchasing High-Quality Fake Yeezy Shoes

        Carta Ramalan 4D

        Unveiling The Mysteries of Carta Ramalan 4D

        Trending Tags

        • Sports
          • All
          • Basketball
          • College Football
          • Cricket
          • Formula 1
          • MLB
          • NBA
          • NCAA
          • NFL
          • NHL
          • WWE
          LSG vs DC Dream11 Prediction IPL 2023

          LSG vs DC Dream11 Prediction Today Match, Dream11 Team Today, Fantasy Cricket Tips

          PBKS vs KKR Dream11 Prediction

          PBKS vs KKR Dream11 Prediction Today Match, Dream11 Team Today, Fantasy Cricket Tips

          IPL 2023 Orange Cap

          IPL 2023 Orange Cap Winner: Who Will Take Home the Coveted Title

          GT vs CSK Dream11 Prediction

          GT vs CSK Dream11 Prediction Today Match, Dream11 Team Today, Fantasy Cricket Tips

          Steve Smith IPL 2023

          Steve Smith Confirms His ‘Special’ Return to IPL
          2023: Here’s What You Need to Know

          LSG

          KL Rahul and Quinton de Kock are the biggest Strengths of Lucknow Super Giants: Aaron Finch

          Trending Tags

          • Gaming
            • All
            • Apex Legends
            • Call of Duty
            • CS:GO
            • Esports
            • FIFA
            • Fortnite
            • Genshin Impact
            • GTA
            • Guides & Tips
            • League of Legends
            • Overwatch
            • Pokemon
            • Valorant
            The Machine Spoilers

            March of The Machine Spoilers Include Every New Card

            CDL Pro-Abezy

            CDL Pro-Abezy Requests That Valorant Add A Feature to MW2 Ranked

            Bingo Online Game

            How to Play Bingo Online and Compare It to The Game in Person

            Unique Themes in The Gaming

            Most Unique Themes in The Gaming Industry

            Signed By DSG

            Kyedae, Quaterjade and Sydeon are Signed By DSG

            League of Legends has Hinted

            The Developer of League of Legends has Hinted at Significant Player System Changes

            Trending Tags

            • Tech
              • All
              • Apps
              • Blockchain
              • Digital Marketing
              • Gadgets
              • How To
              • Mobile
              • NFT
              • PC & Mobile
              • Science
              • Solar Energy
              • Work Life
              Programming Languages for Mobile App Development

              7 Popular Programming Languages for Mobile App Development

              Cross-promoting Your Twitch Stream

              Best Practices for Cross-promoting Your Twitch Stream and Social Media

              Freedom and Privacy That Fake IDs Provide

              Enjoying The Freedom and Privacy That Fake IDs Provide

              Outsourcing Video Editing Services

              The Advantages of Outsourcing Your Video Editing Services for Business Growth

              Quality Gaming Microphone

              Listen to The Sound of Victory with A Quality Microphone for Gaming

              Creating an HTML eBay Template

              The Benefits of Creating an HTML eBay Template

              Trending Tags

              • Entertainment
                • All
                • Anime
                • Biography
                • History
                • Quotes
                • TV & Movies
                Badhaai Do

                Badhaai Do: Box Office Collection, Budget, Movies Picture, Cast and more

                Ashram 3

                Aashram Season 3 Review: Bobby Deol Is The Saving Grace In This Over-The-Top

                George Jetson birthday

                Here’s Why Fans Think George Jetson Was Born on July 31, 2022

                Stranger Things Season 5

                Everything We Know So Far About Stranger Things Season 5

                Ranbir Kapoor Alia Bhatt

                Ranbir Kapoor Alia Bhatt Enjoying Parenthood: Talks About Sleepless Nights

                Ala Vaikunthapurramuloo

                Kartik Aaryan’s Shehzada Remake of Ala Vaikunthapurramuloo Gets Messed Up

                Trending Tags

                No Result
                View All Result
                Gud Story
                • Home
                • Business
                  • All
                  • Automotive
                  • Crypto
                  • Education
                  • Entrepreneurs
                  • Finance
                  • Healthcare
                  • Industries
                  • Insurance
                  • Investment
                  • Legal
                  • Retail
                  • Share Market
                  • Startup
                  What is Business Analytics

                  What is Business Analytics? All You Need to Know

                  Building Your Own RC Vehicle

                  Building Your Own RC Vehicle from Scratch

                  Ways to Maximise Credit Card Benefits

                  5 Ways to Maximise Credit Card Benefits

                  Beauty of Cosmetic Dental Procedures

                  Unlocking The Beauty of Cosmetic Dental Procedures

                  Build a Successful Thrift Store

                  Build a Successful Thrift Store: Operational Changes for Success

                  Collecting Bitcoins in Faucets

                  Can You Make a Living from Collecting Bitcoins in Faucets?

                  Trending Tags

                  • Decor
                    • All
                    • Design Ideas
                    • Events
                    • Furniture
                    • Gardening
                    • Home Repair
                    • Housekeeping
                    • HVAC Control System
                    • Kitchen
                    • Painting
                    • Pest Control
                    • Plumbing
                    Corner sofa bed

                    Why a Corner Sofa Bed is The Ultimate Multi-Functional Furniture?

                    Painting An Accent Wall

                    The Ultimate Guide for Painting An Accent Wall

                    How to Spot the Signs of Sewer Problems

                    Don’t Let Sewer Problems Go Unnoticed: How to Spot the Signs

                    Venue for Corporate Events

                    Tips for Choosing Perfect Venue for Corporate Events

                    Metal Restaurant Chairs

                    The Modern Appeal of Metal Restaurant Chairs: Combining Style and Functionality

                    How to Get Rid of Wasps an Easy Guideline

                    Bid Farewell to Stinging Wasps: How to Get Rid of Wasps an Easy Guideline

                    Trending Tags

                    • Lifestyle
                      • All
                      • Beauty
                      • Culture
                      • Drink
                      • Fashion
                      • Food
                      • Hair Care
                      • Health
                      • Jewellery
                      • Make up
                      • Parenting
                      • Shopping
                      • Skin Care
                      • Travel
                      Cost to Build an Actual Lightsaber

                      How Much Does it Cost to Build an Actual Lightsaber?

                      How to Store Indian Mangoes

                      How to Store Indian Mangoes and Make Them Last Longer?

                      Freedom and Privacy That Fake IDs Provide

                      Enjoying The Freedom and Privacy That Fake IDs Provide

                      Why Custom Keychains are Popular

                      Why Custom Keychains are Popular For Business Promotions?

                      High-Quality Fake Yeezy Shoes

                      The Pros and Cons of Purchasing High-Quality Fake Yeezy Shoes

                      Carta Ramalan 4D

                      Unveiling The Mysteries of Carta Ramalan 4D

                      Trending Tags

                      • Sports
                        • All
                        • Basketball
                        • College Football
                        • Cricket
                        • Formula 1
                        • MLB
                        • NBA
                        • NCAA
                        • NFL
                        • NHL
                        • WWE
                        LSG vs DC Dream11 Prediction IPL 2023

                        LSG vs DC Dream11 Prediction Today Match, Dream11 Team Today, Fantasy Cricket Tips

                        PBKS vs KKR Dream11 Prediction

                        PBKS vs KKR Dream11 Prediction Today Match, Dream11 Team Today, Fantasy Cricket Tips

                        IPL 2023 Orange Cap

                        IPL 2023 Orange Cap Winner: Who Will Take Home the Coveted Title

                        GT vs CSK Dream11 Prediction

                        GT vs CSK Dream11 Prediction Today Match, Dream11 Team Today, Fantasy Cricket Tips

                        Steve Smith IPL 2023

                        Steve Smith Confirms His ‘Special’ Return to IPL
                        2023: Here’s What You Need to Know

                        LSG

                        KL Rahul and Quinton de Kock are the biggest Strengths of Lucknow Super Giants: Aaron Finch

                        Trending Tags

                        • Gaming
                          • All
                          • Apex Legends
                          • Call of Duty
                          • CS:GO
                          • Esports
                          • FIFA
                          • Fortnite
                          • Genshin Impact
                          • GTA
                          • Guides & Tips
                          • League of Legends
                          • Overwatch
                          • Pokemon
                          • Valorant
                          The Machine Spoilers

                          March of The Machine Spoilers Include Every New Card

                          CDL Pro-Abezy

                          CDL Pro-Abezy Requests That Valorant Add A Feature to MW2 Ranked

                          Bingo Online Game

                          How to Play Bingo Online and Compare It to The Game in Person

                          Unique Themes in The Gaming

                          Most Unique Themes in The Gaming Industry

                          Signed By DSG

                          Kyedae, Quaterjade and Sydeon are Signed By DSG

                          League of Legends has Hinted

                          The Developer of League of Legends has Hinted at Significant Player System Changes

                          Trending Tags

                          • Tech
                            • All
                            • Apps
                            • Blockchain
                            • Digital Marketing
                            • Gadgets
                            • How To
                            • Mobile
                            • NFT
                            • PC & Mobile
                            • Science
                            • Solar Energy
                            • Work Life
                            Programming Languages for Mobile App Development

                            7 Popular Programming Languages for Mobile App Development

                            Cross-promoting Your Twitch Stream

                            Best Practices for Cross-promoting Your Twitch Stream and Social Media

                            Freedom and Privacy That Fake IDs Provide

                            Enjoying The Freedom and Privacy That Fake IDs Provide

                            Outsourcing Video Editing Services

                            The Advantages of Outsourcing Your Video Editing Services for Business Growth

                            Quality Gaming Microphone

                            Listen to The Sound of Victory with A Quality Microphone for Gaming

                            Creating an HTML eBay Template

                            The Benefits of Creating an HTML eBay Template

                            Trending Tags

                            • Entertainment
                              • All
                              • Anime
                              • Biography
                              • History
                              • Quotes
                              • TV & Movies
                              Badhaai Do

                              Badhaai Do: Box Office Collection, Budget, Movies Picture, Cast and more

                              Ashram 3

                              Aashram Season 3 Review: Bobby Deol Is The Saving Grace In This Over-The-Top

                              George Jetson birthday

                              Here’s Why Fans Think George Jetson Was Born on July 31, 2022

                              Stranger Things Season 5

                              Everything We Know So Far About Stranger Things Season 5

                              Ranbir Kapoor Alia Bhatt

                              Ranbir Kapoor Alia Bhatt Enjoying Parenthood: Talks About Sleepless Nights

                              Ala Vaikunthapurramuloo

                              Kartik Aaryan’s Shehzada Remake of Ala Vaikunthapurramuloo Gets Messed Up

                              Trending Tags

                              No Result
                              View All Result
                              Gud Story
                              No Result
                              View All Result
                              Home Business Finance

                              4 Ways Credit Cards Can Do More Good Than Harm

                              Aman Chaudhary by Aman Chaudhary
                              May 24, 2022
                              in Finance
                              Reading Time: 4 mins read
                              0
                              Credit Cards Can Do More Good
                              Share on FacebookShare on Twitter

                              Credit cards can get a bad rap. Who hasn’t heard the horror stories of individuals running up five-figure balances and getting hopelessly enmeshed in debt? No wonder so many people feel they need to shun all plastic. But in reality, credit cards can be the unsung hero when it comes to your financial health. If you’ve been skeptical about credit, keep your mind open to current facts and features as you manage your finances.

                              An essential wallet accessory since 1950, the credit card has evolved from its original purpose as a convenient payment method. Today’s cards can help streamline spending, prevent fraud, and even build credit when they’re used responsibly.

                              1. Build Your Reputation as a Responsible Customer

                              Your reputation is everything. Any chance to build yours in personal circles or with reference to your financial reliability is worth considering. Credit cards can help you build a track record of on-time payments, responsible credit management, and long-term reliability. Your credit behavior feeds into what makes up your credit score, which is an essential number to manage throughout life. 

                              Lenders, utility companies, and even employers perform credit checks before choosing to do business with you. If your score is lower than their threshold, you may miss out on once-in-a-lifetime opportunities. Consider adding a credit card to your wallet to help you build credit over time. If you’re new to credit or have a low score, consider a credit builder card. These cards are a great entry point to both building credit and becoming familiar with its use. 

                              2. Manage Monthly Cash Flow

                              No matter how much you earn, it always seems like someone is clamoring for your money. And some bills cluster around certain dates, causing a massive dip in your checking account. If you have irregular income, it can be a challenge to manage severe shifts in account balances. Consider using credit cards to smooth out your spending and cash flow as you manage your household finances. 

                              ADVERTISEMENT

                              You can use a credit card for groceries, gas, and shopping to take advantage of payment simplicity and flexibility. Generally, credit card bills are due between the 1st and 28th of the month and can be adjusted. Review due dates for major expenses like rent, car payments, and loans, whose due dates are often immovable. Compare your income against these key dates and request a payment due date change that evens out your cash flow. Making this change can reduce massive dips in your account and allow for more predictable expenditures.

                              3. Track Your Spending with Ease

                              Managing a budget isn’t often on the top of the list when it comes to fun things to do. But credit card users have an advantage in doing so thanks to easily exportable transactions and data analysis tools. Most credit card issuers automatically categorize spending and offer spending alerts to help customers manage their usage. Review the features offered on your credit card dashboard to help make budgeting a breeze.   

                              Use the in-platform tools to review trends and identify overspending or seasonal spikes. Review line-item transactions to confirm charged amounts and favorite stores. Export transactions into a comma-separated-values Excel spreadsheet to run your report for the date range of your choosing. Reference dynamic graphs and charts to get a visual of your spending trends, making management easier and possibly even fun. Even if you’re not an accountant, navigating your finances can be easier with the tools provided by your card issuer. 

                              4. Stop Fraud in Its Tracks

                              The last thing you want is for your checking account to be compromised. If you’re a longtime debit card user, you know you can conduct transactions just as you would with a credit card. But in the event your card gets stolen, thieves are taking money directly from your checking account. While debit cards are protected similarly to credit cards, restoring your checking balance can be challenging. Smaller institutions may require more documentation of your claim or take longer to restore your funds. 

                              When you trust your transactions to a reputable credit card issuer, you can be confident knowing that advanced fraud protection is on your side. Transactions outside of your normal usage will often be flagged by their systems, which will reject them or request confirmation before approval. 

                              If your card is compromised, contact your credit card company to report it. Fraud teams can quickly cancel both fraudulent transactions and your card, then issue you a new one, often overnight. While initially scary, credit card fraud is preventable and manageable when the right issuer has your back.    

                              Confidently Using Credit While Managing the Temptation to Overspend

                              Hesitancy about using credit cards is a reasonable feeling, especially if you grew up witnessing irresponsible credit use. Be realistic about your spending habits and temptations. If you’re an overspender, use credit cards with care. Keep your credit limit low and/or use a secured card to ensure you’re never in danger of defaulting. 

                              Remember that credit cards are a tool to help you manage your financial life. When you treat them as such, you can separate the emotional pull of instant gratification from their functional benefits. Review your credit report regularly to review your credit use, on-time payment history, and other factors that drive your score. Include this action item as you review your monthly budget and savings progress, and you’ll manage your credit with ease.

                              Also read: Amazing Personal Finance Guide For Startup Owners

                              Related Posts

                              Ways to Maximise Credit Card Benefits

                              5 Ways to Maximise Credit Card Benefits

                              March 30, 2023
                              Best Buy Credit Card

                              Get Access to Special Services and Deals with a Best Buy Credit Card

                              March 30, 2023
                              How To Leverage Your Credit Card

                              Tips on Using Credit Cards Wisely

                              March 30, 2023
                              Variable Rate Mortgage

                              What are Variable Rate Mortgages?

                              March 29, 2023
                              ADVERTISEMENT
                              Gud Story

                              Gudstory is the ultimate guide that will keep you updated about almost everything and anything. We aim to provide our readers with an informative detail about the viral stories that have been occurring around us. Here at Gudstory, we focus on delivering our readers with the latest information about everything.

                              The stories that we cover specialize in a wide niche which includes News, Lifestyle, Fashion, Entertainment, Technology, and Women. The purpose of the blogs and articles is to keep you updated using vivid formats and interesting styles so that significant information stays in your mind.

                              Business World

                              • Business
                              • Automotive
                              • Crypto
                              • Education
                              • Entrepreneurs
                              • Finance
                              • Insurance
                              • Investment
                              • Share Market
                              • Healthcare
                              • Industries
                              • Legal

                              Decor

                              • Home Improvement
                              • Design Ideas
                              • Events
                              • Furniture
                              • Gardening
                              • Home Repair
                              • Housekeeping
                              • HVAC
                              • Kitchen
                              • Painting
                              • Pest Control

                              Real Estate

                              • Real Estate
                              • Moving
                              • Construction
                              • Property Loan
                              • Selling a Home
                              • Buying a Home
                              • Commercial Real Estate

                              Company

                              • Advertise
                              • About Us
                              • Contact Us
                              • Home
                              • About
                              • Advertise
                              • Contact
                              • Privacy Policy

                              © 2018-22 Gud Story

                              No Result
                              View All Result
                              • News
                              • Business
                                • Automotive
                                • Education
                                • Finance
                                • Healthcare
                                • Investment
                                • Legal
                                • Real Estate
                                • Startup
                                • Entrepreneurs
                                • Industries
                                • Retail
                              • Decor
                                • Design Ideas
                                • Home Repair
                                • Furniture
                                • Gardening
                                • Kitchen
                                • Plumbing
                                • Housekeeping
                                • HVAC Control System
                                • Events
                              • Lifestyle
                                • Health
                                • Food
                                • Drink
                                • Travel
                                • Beauty
                                • Make up
                                • Hair Care
                                • Skin Care
                                • Fashion
                                • Jewellery
                                • Shopping
                              • Sports
                                • NBA
                                • NFL
                                • College Football
                                • MLB
                                • NHL
                              • Gaming
                                • Esports
                                • Apex Legends
                                • Battlefield
                                • GTA
                                • Call of Duty
                                • Fortnite
                                • Cosplay
                                • CS:GO
                                • FIFA
                                • Genshin Impact
                                • Guides & Tips
                              • Tech
                                • Work Life
                                • Science
                                • Apps
                                • Mobile
                                • Gadgets
                                • Digital Marketing
                                • How To
                                • PC & Mobile
                                • Blockchain
                                • NFT
                              • Entertainment
                                • Biography
                                • TV & Movies
                                • Anime
                                • Quotes
                                • History
                              • Relationship
                              • Women
                              • Animals
                              • Luxury
                                • Billionaires
                                • Leaders
                                • Cars & Bikes
                                • Jets
                                • NCAA
                                • UFC
                                • Culture
                                • Homes
                                • Hotels
                                • Interiors
                                • Formula 1

                              © 2018-22 Gud Story