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If you've been avoiding credit cards, you're definitely in good company - lots of people are allergic to them..mostly because they're afraid they'll end up in financial quicksand.

And yes, you DO need to be careful with credit cards. But they can also be a HUGE benefit to you and your business.

Tip #1: They Help With Timing Your Payments

Let's say you've got a launch coming up, and you really need a designer to create a butt-kicking sales page. You've got client payments coming in next week, so you KNOW you can cover the charge, but you need to hire a designer RIGHT NOW! With a credit card, you can time everything out so that you can still keep that launch on schedule. Especialy when your profit margins are low, sometimes it can get VERY HARD operating your business solely out of a checking account - your payments in and expenses out need to be timed perfectly to manage the cash flow. Credit cards help with that by covering those expenses that you KNOW you have money for, but just can't pay for yet.

Tip #2: They Generate Other Forms of Payment

Depending on the type of card you choose, you can get a BUNCH of financial perks… like cash back, rewards points you can use to buy things for free, and airline miles you can use to fly to that event you've been itching to go to. I am SUPER obsessed with my points - that's why I HATE when people try to make me do a wire transfers. NAH MAN - I WANT MY POINTS!

Tip #3: They Teach Money Management

Credit cards force you to keep a closer eye on your money - and that's a good thing! After all, if you can't manage your money, you're not gonna have a business for very long! So might as well nail down those skills NOW!

Of course, I'm not telling you to sink yourself in debt… but these 3 benefits do make getting a credit card a pretty solid consideration! So I hope this helps you decide what's right for you.