One thing you have to be aware of while using a credit card is your monthly statement. The statement tells you how much you’ve spent using their card. It is crucial that you remember that this statement is how much credit card debt you owe. When you carry a balance for more than a month past the due date the credit card company will begin to charge you interest. Credit card companies don’t make this obvious because this is how they typically make most of their money! Paying the monthly minimum will not prevent you from being charged interest, and it can make you go even further in debt. You should be paying off your balance in full, every month, to avoid this interest and debt.