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Delayed Gratification and Credit



Delayed Gratification and Credit go hand in hand.  Delayed Gratification is waiting until you can truly afford something before buying it.


Delayed gratification is beneficial when it comes to managing credit. Do not be tempted to use credit to purchase items you cannot afford. Buying things you want with credit but do not need will get you into carrying debt on your credit card.   This can lead to high levels of debt and financial stress.

By practicing delayed gratification, you can develop the habit of only using credit for necessary purchases and paying off the balance in full each month. This can help you avoid high interest charges and improve your credit score, which can ultimately lead to better financial opportunities in the future.

Additionally, delaying gratification can help you avoid overspending and impulse purchases, which can lead to unnecessary debt and financial difficulties. 

Take the time to consider your financial goals and priorities, you will make more better decisions about how to use credit and manage your finances effectively.

It is no problem to use your credit card to pay for normal monthly expenses as long as you pay it off every month.  



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