New Delhi, Aug. 26 -- As more retirees across the nation embrace digital finance, the use of credit cards among senior citizens is rapidly rising. This shift highlights the evolving lifestyles and greater technological savviness among the elderly. Still, the question remains: Is using a credit card really wise in retirement? The answer to this lies in weighing the benefits and risks so that retirees can make informed economic decisions.
Amit Suri, Mutual Fund Distributor & Founder of AUM Wealth, highlights both the value and the caution required: "Retirees can use credit cards for convenience and to maintain their credit score, especially if they're planning joint loans with children. The key is discipline. Always clear the bill in full,...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.