Avoiding Maxed Out Credit Cards

Hi,
This blog is not intended for any readers who pay off their credit cards without exception at the end of each month. For the rest of us, to maintain control over our credit card balances, it is a good idea to avoid the following:
1) Consistently charging groceries on a credit card. The reason is that statistics show people purchase food on credit which they otherwise wouldn't purchase if using cash.
2) Putting utility bills on a credit card. Utility bills should be part of the monthly fixed expenses and be paid on a cash basis each month.
3) Making a car payment with a credit card. There are many reasons for this, but a significant one is that it's a sign that "Peter is being robbed to pay Paul".
4) When traveling to places like Las Vegas, many people find it much safer if they leave the majority of their credit cards at home.
5) Avoid using credit cards for large purchases of stock or any other investment vehicles.
To maintain a handle on our financial health at all times, it is necessary to pay for our fixed monthly expenses on a cash basis. It is imperative to maintain the clarity of the difference between our cash position and our credit position. Using credit in lieu of cash is analogous to using chips in Las Vegas in lieu of cash.
Until later,
Alan