I have been reading quite some posts here about cash-back credit cards. Are they really worth using them?
I never liked credit cards because since you pay for the current month expenses the next month, I was always confused and ended up spending more than expected. So for me the small amount of cash back was not worth the potential overspending.
At 25th of every month, I pay all bills, rent, etc. leave some money on the account for groceries, usual expenses, plus a bit for extras and move the rest to savings account. Then pay with only debit card. If I overspend, well, then… time to eat less expensive food and have less beers outside. That way I can control it very well.
With credit cards it is very easy to end up paying more.
Are you guys comfortable with using credit cards instead of debit cards?