Credit Card Use and Your Future

I think you need to clarify a bit. By monthly balance I'm thinking you must mean the minimum payment on the balance. If you pay the monthly balance--meaning the entire balance each month--then it will enhance your credit and accrue no interest.

When I charge anything on my credit card, I always enter it in my checkbook and deduct the amount just as if it were a check. I am always aware of my balance and when the credit card bill comes, I can pay it off knowing it has already been deducted! This way, I can always pay it off entirely every month. Keeps me from charging too much!