Managing credit cards remains tricky for many people, with some shoppers unable to hold themselves back when it comes to charging up more than they can afford. When balances start to soar, increasing debt and stress can be a huge problem. Taking the time to read bills and track your spending can be a simple way to make managing your money easier.
It's easy for debt to spiral out of control if you don't read your credit card statements. Not bothering to check expenses is particularly common for those who have set up an auto-pay feature, but this leaves you vulnerable to scams. For instance, should any fraudulent purchases be made, you won't have the slightest clue and could end up paying off debts created by someone else.
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