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My card got maxed out in business expenses..

Ironsys

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Joined
Oct 8, 2018
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Hello everyone, I'm in the process of developing an app as a self-employed developer. However, to finance the project, I had to use my credit card and incur expenses of a few thousand dollars. Currently, I am unemployed and relying on the funds from my previous business venture, which is making me a bit concerned about my spending.

Although I have enough money to pay off my credit card debt, I'm contemplating whether it would be more prudent to wait until the app is launched. By doing so, I can assess its performance and then use the profits generated to pay off the credit card debt. Additionally, I would appreciate hearing your opinions on the practice of using personal credit cards for startup expenses.

Thank you all for your insights and advice!
 
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