Following are the few instances where you should restrict the use of your credit card to manage your finances:

1 Using for everyday expenses: Mostly people use credit card for groceries and household items but using it regularly may result in overspending and crossing your monthly budget. Always specify your monthly budget for these items and use credit card within this limit only. Beyond this either use cash or your debit card.

2 Using for Cash Advances: Drawing money from ATM through your credit card is the best way to cope with the cash shortage but it will be costly for you. […] Read more