I had a credit card debate with friends over the weekend and it was eye-opening
I never knew up until now how my close friends paid off their credit cards. After a few cocktails this weekend, we started discussing bills and money and it was interesting to hear how often my friends paid their credit card and what their strategy was behind it.
Three friends pay off their card in mini chunks throughout the month. They check every 2-3 days and keep a $0 balance. Another friend waits to check his account and pays in full every 21st of the month, no matter the size. My partner and I have a joint bank account and we both randomly pay our credit cards throughout the month. There isn’t really a structure other than paying it off so we could be much better with it. Luckily, we all pay off our cards each month but the strategy is just so different.
Curious FGB’ers, how often do you pay your credit card and do you pay off your credit card every month? Also, do you have a go-to routine that has or hasn’t worked for you?