UAE: I plan my daily expenses and monthly budget using a credit card, here’s how I do it

UAE: I plan my daily expenses and monthly budget using a credit card, here’s how I do it

Dubai: Many people have been using credit cards to manage their expenses effectively. But despite having a credit card, many customers are reluctant to use it because they fear receiving more monthly charges from the bank. There have been many stories of people being caught in a debt trap by using credit cards. If you use credit cards imprudently, there are possibilities of incurring losses. But you can gain a lot if you know how to use credit cards effectively. I use my credit card to make monthly bill payments, including utility, mobile, landline, cooking gas, fuel, road toll Salik, smart card for transport Nol, medical, etc. I make sure that I pay the total amount of bills on the due day itself so that I don't have to pay the interest on credit cards. On the other hand, my debit card indicates how much money I have in my account. When a bill is due, I don't pay it from my debit card, but I use the credit card. That way, I'll get some time to repay the amount and valuable credit card points as well without paying any extra amount to the bank. I also make sure that