When the salary arrives, it’s time to budget. Yet, Sachin’s salary does not seem to include all the things that were required based on his lifestyle. Rather than looking at a bleak outlook at the end of the month, he ensured he had a credit card to facilitate his monthly needs. After successfully receiving his credit card, his monthly budget looks better with the convenience of a credit card at hand.
With mounting bills at the end of the month, Sachin’s credit card bailed him out of a lot of critical payments. The traditional notion of impending debt arising from a credit card is slowly changing. The credit card has moved beyond being the bearer of impending debt but it is slowly transforming into a debt-releaser.
Yes, it’s true; a credit card can open a lot of doors. The common belief that a credit card displaces our monthly budget considerably is slowly being dispelled. With a credit card in hand, your monthly budget can take a breather and perhaps open-up financial avenues for you. Whether you are single or in a family with dependents, the convenience of having a credit card in your wallet impacts all.
Future events in Present ‘Play’
It’s obvious that while budgeting, purchases are postponed for the future as we cannot accommodate them in the present. A credit card does more than enhance possibilities of per-planning such purchases to the present, it ensures that one can live life the way one is expected to.
Freedom to live beyond budgets – With a Credit Card in hand
Banks and financial institutions offer credit cards to access a variety of credit facilities. With a credit card in-hand, one can access a variety of credit facilities suited to their lifestyle. When it comes to credit card facilities, the world of altering one’s lifestyle based on the budgeted amount has stopped. Extending the possibility of credit facilities for every kind of purchase, the credit card is slowly becoming dearer to the common man due to the following reasons:
Opting for a credit card at the opportune time before you begin budgeting for the month, quarter or the year always makes sense. Take a look at the most attractive offers for credit cards that allow you to link payments, offer flexible re-payments options and does not impose unreasonable penalties on you. Finally, with credit card in hand, you can easily access the best of your lifestyle without worrying much about overstepping your budget and compromising on your lifestyle.
(Anupama Sughosh is widely followed for her personal finance and banking blogs pertaining to the Indian financial sector. With a prior experience in the banking sector, she has used her experience of six years with top Indian and international banks such as HSBC & ICICI Bank to advice consumers on personal finance. She is widely followed in some of the top financial magazines with citations in online financial websites.)