India, Feb. 7 -- Think of a credit card as a mirror of your financial habits. If carelessly used, it shows your impulsive side. If used in a wise way, it reflects planning, control, and discipline. Many still see a credit card only as a means to spend instantly.

But in actuality, it can be a powerful financial instrument to learn how to manage money better. The key lies in how you use it and not what credit limit you have. If managed with some good habits, a credit card quietly trains you to be responsible and prudent with your finances. Let's read on to understand how this everyday plastic can shape your money habits.

One of the biggest benefits of a credit card is visibility. Every swipe you make is recorded instantly. You can easily ...