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6 Costs to Avoid Putting on a Credit Card
There are some things experts say you should never put on a credit card if you can't pay the bill right away -- either because they're frivolous, or they can land you deep in debt or, in some cases, because there's a better alternative.
If you have plenty of money in your bank account, it can make sense to put just about any big purchase on your credit card because of the rewards , convenience and consumer protections that come with plastic. When you're broke, though, it's one thing to use your card for an emergency. It's quite another, however, to splurge on a mommy makeover, an island vacation or a diamond engagement ring .
Here are six credit card purchases experts say cash-strapped consumers should avoid at all costs.
1. A big tax bill
2. A gambling spree
3. College tuition
4. Plastic surgery
5. A lavish wedding
6. A trip for two