Credit cards can be a great source of safety and  convenience but they can also be trouble. Buy now and pay later can have serious consequences and lead to financial trouble.

So in order to stay financially fit it is important to use your credit cards wisely. Here are a few tips to help you make the most of your credit cards:

• This seems simple but pay off your balance every month in full.  Interest charges on your credit card purchases can add up fast.

• If you do carry a balance, pay back as much as you can as quickly as possible. You don’t have to wait until the payment due date.

• Avoid using your credit card to withdraw cash or transfer money. Interest is charged on these transactions immediately.

• If you are considering a card with an annual fee, be sure that whatever reward or benefit you’re getting is worth the cost.

Bottom line stay within your budget. Only use credit cards for things you can afford. If you can’t afford it don’t buy it. You will be much happier without the new sweater when you have enough money to buy a new home.