The convenient thing about credit cards is that they let you charge things and pay for them later. Can’t cover your entire balance by the time your monthly bill comes due? No problem — just make your minimum payment, carry the rest forward, and pay it off when you can.
There’s just one problem with that arrangement — if you carry a balance, you’ll rack up interest charges that cost you money. If you’d rather not throw your hard-earned money away on interest, make a point to follow these key rules.