Credit cards are an important tool that can help you build your financial stability if used wisely, but it can also be the reason you end up under a mountain of debt. If not used with discretion, a credit card can lead to more harm than good in terms of your financial status and can also cause unwanted stress.

Regardless of whether you are getting a credit card for the first time or have been using one for long now, you must follow some valuable tips to avoid unnecessary debt. Here are some helpful tips to avoid credit card debt:

• Ensure that you pay your monthly bills on time
  Ensure that all your credit card bills are paid at least one day before the due date. With banks providing their customers the facility of auto-pay, it becomes easier for you to ensure that the amount you spent is directly transferred toward your card payment without any hassle. If this does not work for you, consider making multiple small payments and clear your dues before the due date.
• Always keep your budget in mind while spending
  You must know that your credit card is a tool that can build up your credit limit and score, but an extended credit limit may also tempt you to spend beyond your budget. So, avoid making impulsive purchases; draft a budget at the beginning of the month and stick to it.
• Opt for a rewards card
  A lot depends on which credit card you choose. You can always check out the many options the credit card companies offer and choose one that enables you to make the most of using your card through rewards and cashback. For instance, if you are a frequent traveler, you can opt for a travel rewards card to earn points when you use your card for travel bookings. You can then redeem these points on your next booking.
• Always keep an emergency fund
  Incorporating the habit of saving is extremely important, and you should always keep aside a considerable sum that can be used in case of an emergency. This sum can help you take care of any emergency expenses without having to swipe your credit card, and following this tip helps you to avoid credit card debt, while also helping you save the interest amount.
• Put your credit card away
  Once a while, you can leave your credit card at home and use cash as it will give you a clear idea of your expenses. Also, this tip to avoid your credit card debt can help you control your expenses and refrain from making unwanted purchases, which is much more difficult to do when you have your credit card.
• Consolidate your debt
  If you realize that your credit card debt is resulting in financial problems and has begun mounting, one of the best solutions is to take a personal loan and clear out your credit card debt.