How to buy essentials during inflation: Experts speak

How to buy essentials during inflation: Experts speak

The United States is witnessing a rise in prices of essential things like gas, groceries and toiletries.

Experts suggest consumers avoid taking on debt to pay for essentials amid increasing interest rates.

If you aren't able to afford to pay off your credit card bill by the end of the cycle, refrain from charging more expenses.

Consumers are also advised to use cash to limit their purchases of essential commodities.

Using cash can help you in eliminating overspending and taking on more debt.

In a similar manner, you can use a debit card. Your spending will be limited to what's in your checking account.

In the end, you can use you credit card for shopping for essentials if you can afford to pay off your balance on a regular basis.

Get a Line at no interest and no credit checks. Use it for essentials and pay it back when you get paid.