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Youth Village Kenya > Blog > Business > 7 Items You Shouldn’t Purchase Using Credit Card
Business

7 Items You Shouldn’t Purchase Using Credit Card

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Last updated: 2023/10/25 at 5:50 PM
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Kenya is one of the fast growing countries in Africa, when it comes to cashless transformation systems

In Kenya, we are at a point where one can actually purchase any item or service from anywhere and have no issue doing it without cash.

But just because you can do it, it does not mean everything can be done on credit cards

Here are key items you shouldn’t put your cards on, and the main reason is solely on excessive expenditure and minimizing debt.

  1. Taxes
  2. Mortgages
  3. Hospital bills
  4. College tuition
  5. Big-ticket items you can’t really afford
  6. Medical bills
  7. Stocks and other investments

This 7 items can actually take off your debt beyond your capacity, since they are sometimes heavily priced

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Editor October 25, 2023 December 2, 2020
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