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So do you immediately go and max out your creditcard on a new Armani suit? But it wasn’t the new clothes he bought that impressed his client; in fact the client was so jet-lagged that she slept most of the time in between property viewings. You’re never going to impress Daymond John with your clothes.
Job candidates’ creditcards might be getting more action than they should, all while they are between employment opportunities. Although employers aren’t likely to offer to buy you new clothes, they might be open to a video interview rather than in person, which means your slippers will suffice. A new suit. Two days of meals.
But while it can be a convenient way to make purchases and get the things you need without using a creditcard, it can also become a financial headache if you aren’t careful. Falling behind on payments can mean late fees and possibly even a dip in your credit score if the problem isn’t fixed quickly. Save for big purchases.
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