Compare and contrast various types of life, health, and other insurance alternatives. This means credit card purchases are much more expensive than those paid in cash. Credit cards are important to have even if they are rarely used. Some merchants require credit cards as form of identification. It is difficult to buy certain goods or even rent a car without a credit card.
Credit cards are more convenient.
If you do use a credit card, pay the balance in full each month. Choose a card, like Discover, that pays you cash back or gives you frequent flier miles. You can pile up debt to the point when you can't pay. To provide protection from the loss of a spouse or business partner, you should buy life insurance. Both individuals and businesses need to consider protecting themselves from losses due to health problems.