Answer:
True
Explanation:
Generally speaking if you must use more than 10% of your monthly income to pay for your credit card expenses, it means that you are buying too many things on credit. A credit card usually carries a relatively high APR, and the debt tends to pile up especially if you only pay the minimum. So it would be a good idea to try to save some money and try to reduce your credit card balance by paying the largest possible amount and then start to control your spending habits.
