I’ve been reading a lot of articles in the news recently about people who have trouble controlling their spending. They apply for many Credit Cards since most companies nowadays offer zero annual fee promotions and use one card to cover the debt on another. At the end of the day, they’re left with escalating credit card debts due to the high interest rate imposed on their unpaid balances. It’s not easy to control your spending when there are so many lovely things out there that are so tempting. Some financial experts recommend cutting up your credit cards, leaving only one for your emergency use. Others suggest leaving them at home when you go out for a shopping trip. To me, all it needs is some common sense and very strong self-discipline to realise what you can and cannot afford.