I love the book and movie of “Confessions of a Shopaholic” It’s a nice movie for women whose hobby is shopping and swiping and at the end of the month when the bill arrives, they go on hiding (what a rhyme!)…

Having a credit card is very tempting because whenever there is a good item for sale and you’re an impulsive buyer you won’t think twice anymore because the card is available. Based on a study, credit card holder could spend up to four times (4x) compared to those who don’t have it. To those who can’t curb their desire to use credit card, pre paid credit cards would be best for them to limit spending.

If you are planning to get a credit card, make sure that you can discipline yourself in terms of shopping otherwise, you’ll end end paying not just for the items that you bought, but, for the interest, finance charge and penalty charge as well if you don’t pay your bill on time. Think twice before you swipe.