'If you are using credit cards to take out cash, you need to cut up your card' - money experts share their credit card dos and don'ts

"Credit cards can be very dangerous from a financial well-being perspective, if used irresponsibly. The temptation to use one to fund a big holiday or a new sofa that you can't afford can be seriously tempting."

"If the card isn't paid off each month, it can lead to penalties in the form of high interest payments."

Credit cards pose significant risks to financial well-being when used irresponsibly. The allure of using credit for large purchases, such as vacations or furniture, can be tempting. However, failing to pay off the balance each month can result in severe penalties, including high interest payments. Responsible usage is crucial to avoid falling into debt traps that can impact overall financial health.

Read at Independent