Credit cards can be valuable tools in purchasing, however if used irresponsibly, they can do more harm than good. The key is to make sure you use to pay them on what you can afford. Here are more tips on how to help you stay off credit card debt:

Always pay your monthly balance. Sure,having a credit card means that you can delay payment on your purchases, but allowing your bills to accumulate will only lead you to paying a larger amount (with interest) later on. So pay your bills each month and on time and you’ll avoid paying the interest too.

Use your reward points. Credit card companies usually offer a rewards system wherein every time you use your credit card, it earns points. You can inquire with your company on how you can redeem your points – which could mean covering your annual fee, or monthly rebates.

If you are going to use your credit card on electronics or household appliances, take advantage of 0% interest that some stores offer. Just don’t go overboard, and spend stuff only on items with installment you can afford to pay.