 TITLE: Should I Only Use a Credit Card for Bills and Recurring Transactions? CONTENT: The Downside of Using Credit Cards for Daily Expenses\n-----------------------------------------------------\nSwiping your credit card to cover daily expenses is only a good idea if you're properly budgeting to ensure your debt doesn't get out of hand. Things can get complicated if you're blindly using credit cards to cover transactions without keeping a close eye on your balances. Credit card spending comes with benefits, sure, but doing so irresponsibly could trap you in a cycle of debt that's hard to escape from. Instead, it's best to charge purchases you plan on paying off in full each month. If something comes up that throws off your budget, aim to keep your balance at or below 30% of your credit limit. Doing so can help protect your FICO® Score from taking a hit. END