When credit cards put you in jeopardy

This article is from CNN.com . The author talks about Americans have $2.2 trillion debt on their credit cards last year. Spending more money than they afford to has become a bad habit for Americans. Percentage of people who don’t pay money on time is highest in three years. You need to find if your credit card spending is out of control. If you have debt on your credit cards, try to change your debt from high-interest credit cards to low-interest credit card. Paying more than minimum payments every month is good way to decrease your debt as soon as possible. You also can negotiate for a lower rate with credit card bank if you have good credit. Finally, the expert also says that you should not use more than 10 percent of your credit limit when you make purchases.
A credit card is a very convenient tool to purchase without bringing money. You don’t need to pay money immediately when you buy something. You can pay the total payment after 30 days later. A lot of people go shopping and spend a lot of money because they don’t pay money immediately. They always spend too much even though they can’t afford to their payment. There is a good way to stop this situation. Don’t use credit card and just use money to purchase. Using debit card is also a good way to control your purchase.