4) Don’t Use Your Credit Cards
Even if you have low or interest free cards, it’s easy to max them out quickly. The rule of thumb here is, don’t spend what you don’t have. It’s good to have credit cards in case of an emergency, but it’s better not to use them if possible. This also can help your credit score by having a low debt to credit ratio. That’s one of the factors in determining your score. Experts advise to use your debit card for purchases instead. This will help reign in spending and most likely avoid unnecessary purchases because you can’t spend what you don’t have. It’s a good idea to use your bank’s phone app to access your account to keep tabs on your balance. Then, you can be certain you don’t end up overdrawn and incur the fees associated with that.