Money received from debt belongs to someone else and must therefore be rapid. Credit card limits are set to make sure that you have the capacity to pay as well as to protect you in case your card is stolen. If your salary is not increasing, credit card usage is not the answer. You need to increase your income and or cut back on your expenses.
Based on informal surveys, the single biggest factor that causes the most financial problems is premature acquisition of long-test assists. For example, most people dream of owning a home. And it’s purchased as soon as there’s money for a down payment. However, people rarely give thought if the monthly amortizations can be matched with an assured income within the payment period. When the cash flow is insufficient, we resort to more borrowings.
This is not so bad if it were a temporary shortfall. But because there is a mismatch from the beginning, the borrowing pulls the house hold into a downward financial spiral.