Money9: What do you use your credit card for?

Do you also use a credit card? If yes, for what purpose? In a survey of Money 9, many shocking things have come to the fore. read here

Why do you use Credit cards? Image Credit Source: File Photo

Money9: If you have to take a loan to buy a ration for the house, to fill the oil in the vehicle, or to pay the children’s fees, then you will need to understand the economic condition of such a family. And if you do all this work with a credit card, no one will raise any questions. But there is little difference between doing all this work by taking a loan and such purchases with credit, and most people who have credit cards in the country use them for all these works.

Money9: What do you use your credit card for?
Money9: What do you use your credit card for?

7 percent of people use a credit card

Money 9’s Personal Finance Survey has revealed that about 7 percent of households in the country use credit cards. Among cardholders, 50 percent of people use it to buy groceries, 47 percent to fill the oil in their vehicle, 38 percent to buy clothes, and 33 percent to pay children’s fees or electricity and water bills.

Credit cards are also used for buying tickets, a fridge or TV for a home, and even repaying loan installments.

To understand every aspect of this news, download the Money9 application through this link

For more economic news, download the Money9 app and watch today’s Money Central program. Money9 editor Anshuman Tiwari elaborates on financial topics in the Money Central program.

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Money9’s OTT app is now available on Google Play and IOS. Everything related to your money happens here in seven languages. This is a unique experiment of its kind. Here things related to the stock market, mutual funds, property, tax, economic policies, etc., are done, which affect your pocket and your budget. So what are you waiting for? Download the Money9 app and enhance your financial understanding because Money9 says that if there is understanding, then it is easy.

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