The use of credit makes a business move faster. Confusing credit and debt will cause that same business to tumble into troubles and recovery might never be possible. Entrepreneurs that understand the fundamentals of credit can make the most of credit cards without allowing those credit cards to drive the business. Credit Basics Credit is the use of someone else’s money when you have the availability to pay. The shop owner may offer you credit if you have left your wallet at home and he knows you will return to make the payment. Debt is the use of someone else’s …Find out more
Tag: credit cards
Confession of Credit Card Misuse
January 8, 2009
Budget Tips
This is my confession. Rebate offers and cash back plans finally won me over and we got a credit card. For a long time, we paid it off every single month, without question. Having the credit card was a blessing (easier to keep up with spending AND the cash back …Find out more