Three Basic Rules for Credit Cards

by Jay Fleischman, Esq.

October 13, 2007

Larry Burkett’s three basic rules for credit cards are:
1. Use your credit cards only for budgeted items.
2. Pay your credit cards off every month.
3. The first month that you find you cannot pay off your credit card bills, destroy your credit cards.

If you believe you must have credit cards, Larry Burkett’s three rules are rules to live by.

Related Posts Plugin for WordPress, Blogger...
The following two tabs change content below.
Jay S. Fleischman is a bankruptcy lawyer with offices in Los Angeles and New York. He can often be found on Google+ and Twitter, where he shares information about consumer protection issues and personal finance.

Last modified: October 14, 2007