Managing Credit

It is often very difficult to make the right choice about whether or not to use credit. But, being tough on ourselves by asking a few questions before making a purchase could save us money in the future.
Before borrowing money ask yourself:
Whether you need to buy simply because a special offer or discount is advertised?
Whether you have budgeted for the purchase and if not how long will it take to save up and buy it outright?
Whether you have additional expenses to meet this month e.g. car MOT, children's school uniform etc and whether these should take precedence?
Whether you would get a better deal if you shopped around?
The real cost of the item is more if you buy it with credit?