How Can You Preserve It:
Would you jump out of an aircraft without first knowing how to make use of a parachute?
• Take Control: instead of maxing out your credit card or spending your whole paycheck on one night out, why not plan ahead and calculate a limit to your spending.
If you have a balance$2000 on your credit card with an interest rate of 18.5 percent and you make only the minimum payments. It will take you 11 years to pay off your debt and will cost you an extra $1,934 in interest.
•Keep track of your purchase and carefully match them to your monthly statements to be sure that your charged for only purchase you made
•Pay your credit card bill promptly. If possible, pay it in full.
•Avoid using your credit card as means of obtaining quick cash. Cash advances usually incur a higher interest rate.
•Be very careful about giving out your credit card numbers and expiration date over on phone or online.
"Spending Money Uncontrollably Is Like Driving Blind"