Credit cards can be extremely useful, allowing you to make payments using what is essentially a line of credit. When used appropriately, they also help build your credit history and score, and they even allow you to earn rewards or special discounts through card-affiliated programs. However, it can be easy to get bogged down with credit card debt, so follow these best practices to avoid issues.

How to Keep Yourself Out of Credit Card Debt

1. Track Discretionary Spending

One of the biggest credit card pitfalls is when someone uses their card for a wide range of discretionary purchases without keeping track of how much they're spending. When this happens, your statement can come as a nasty shock at the end of the month. Using your online account to track your spending or even writing down expenses can help you better understand your habits. You may also be able to identify areas where you can cut back on your spending.

2. Always Pay on Time

Ideally, you should pay your credit card balance in full by the due date to keep interest from adding up. If that isn't possible, at least make the minimum payment. Remember that late payments will hurt your credit score, so pay as much as you can to avoid getting close to maxing out your card.

3. Use Secure Payment Options

Credit card fraud is a serious issue, especially in the digital age. While many card issuers have fraud detection measures in place, you should always review your monthly statement for suspicious charges. Only shop at online stores that offer secure checkout, and immediately notify your card issuer if your information is stolen so you can dispute unauthorized charges.

If you have credit card debt or need help with debt settlement, you can expect quality assistance from Brian R. Cahn & Associates, LLC in Cartersville, GA. Serving Northwest Georgia for over 25 years, their team can help you find the best solution to get your finances back in order. To learn more about their services, visit them online or call (770) 382-8900.