Keeping Up With The Joneses: Are You Living Above Your Means?

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You Charge Those New Shoes With Plans To Only Pay The Credit Card Minimum

My aunt, who I declare is the most financially savvy woman that I know, has a rule: if you buy something on your credit card, you must have the money to pay the balance when the monthly bill comes. This eliminates interest charges, and all of the other hidden fees associated with high balances. Of course, when there is an emergency this may be unavoidable, but if you think buying a pair of Christian Louboutin pumps is an emergency just because they’re on sale (and yes I know they’re hot), you may need to re-evaluate your spending habits.

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