I always hear about the "right way" to use a credit card, but I’ve never fully understood what that actually means. Most articles I read say things like “use it for emergencies” or “pay it off quickly due to the high interest rates.” But they rarely explain what you should actually be buying with a credit card. The idea of using it for “emergencies” feels vague. Personally, using it for things like unpaid rent or car repairs doesn’t seem like the smartest use of a credit card.
Lately, I’ve been thinking a lot about developing a more strategic approach to credit card spending. Rather than using it for emergencies or non-essentials, why not use it to invest in productivity? Instead of maxing out your card on food, car repairs, or useless electronics, why not spend on things that can actually offer a return?
For example, instead of buying a new TV, consider investing in a computer to start live streaming, crypto mining, or doing freelance video and image editing. Or maybe use it to start a small garden—buy some pots, seeds, and tools to grow your own food. The initial investment could pay off over time, especially if you save and reuse seeds. You could even build a DIY water reservoir using PVC pipes and your gutter system to reduce your water bill.
The point is: if you're going to take on debt, make sure it’s tied to something productive. Debt for the sake of spending is rarely a smart move. Of course, debt management strategies are still important, but if you're going to use credit, use it wisely—use it to build something.