There has been a lot of debate about Credit Cards. Are they good or bad? Does credit card usage negatively affects our budget and financial plans? My personal experience says that credit cards are good as long as its master(cardholder) maintains discipline and caution over the spends. In this post, I’ll share the advantages and disadvantages of using a Credit card based on my experience, followed by some recommendations. Advantages of Credit Cards Interest-free credit – Credit card offers an interest-free period and a credit limit. If the cardholder pays his full dues by the payment date, no interest is charged. However, interest is charged on any amount carried forward…