Several bad habits that can get you into massive credit card debt. You might start off with these habits as an exception, but soon they can become a part of your financial routine and throw your entire financial planning off track. So, if you have fallen into the trap, avoid these habits to come out of credit card debt.

Not Reading the Fine Print
This is a classic mistake most people make, and this can put them in a massive credit card debt. Therefore, you must make sure that you have read the finest of details about your credit card, including your payment cycle, rate of interest, and billing cycle. It’s vital for you to know these details before using your credit card for a purchase of any kind. Not knowing can create expenses that you cannot afford. So, avoid these habits to come out of credit card debt.

Not Checking Your Credit Card Statements
Sure, reading all the statements that keep coming in every month can sound boring and can get monotonous. But this is important if you want to come out of your credit card debt. Going through the statements properly will not only help you keep a track of your expenses but will also allow you to catch any unauthorized transaction or billing errors that can cost you a lot of extra money. Don’t just look for how much balance is to be paid or if your previous payment was credited to your account or not. Check all the activities on the card, and if there is any error, report it immediately to be bank. You should not be paying for expenses that you never made.

Using Credit Instead of Debit
This is another common mistake that puts a lot of people under credit card debt. Unless your bank is offering you some exciting reward points on using your credit card, you should never pick it over your debit card. When you pay using your debit card, you are using the funds that you have. This is the money that you have to meet everyday expenses such as gas, groceries, and services. But when you use a credit card, it means you are using money which is not yours. Until you do not have a proper repayment plan in place, do not use your credit card.

Paying Just the Minimum Amount
Just paying the minimum amount due looks so much convenient than paying the entire bill, for which you might have to cut short your other expenses. But you must remember that by paying minimum amount, you are not paying your credit card bill. In fact, you might end up paying additional charges which you shouldn’t have to. Avoid this mistake in the future.