To avoid increased debt, how many credit spending rules should be established?

Establishing at least one credit spending rule is essential for managing finances and avoiding increased debt. Having a rule, such as only using credit for necessary purchases or setting a spending limit each month, helps create a framework for responsible credit use. By adhering to such a guideline, individuals can gain better control over their spending habits and prevent impulsive purchases that lead to accumulating debt.

In contrast to having no rules, which offers no structure for spending, or suggesting multiple or three rules, which may overwhelm an individual or complicate their financial management, a single rule provides a straightforward and manageable approach. This rule can serve as a foundational step towards building more complex financial strategies in the future.