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I find a CC very usefull and do almost all purchases (up to $10000) on it. Oh and by the way if the company you wish to purchase from regularly wants direct debit, find another supplier. It will cost you much less in the end.
The secret is to run a proper monthly/yearly budget with all your reccuring expenses listed at least up to two years ahead. A spread sheet can do this. I use a 1985 version of Symphony that has recorded all my transactions since. Yes I get reward points which I convert into gift cards to use as Xmas presents at Xmas time.
I keep a daily record of income/expenditure and bank balance. I enter each purchase in an appropriate column and check it against my CC statement each month and ALWAYS PAY THE FULL AMOUNT BY THE DUE DATE.
If you look at my remarks on impulse buying you will see that I have bought more junk than most could afford on a similar income to me (AOP +super). This because of careful money management.
Barry
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