There’s nothing wrong with keeping a credit card. In fact, you’re in for a lot of perks and privileges that you can get using your credit card, provided that you use it responsibly. TeachMePersonalFinance.com gives helpful suggestions that will help you manage your credit card without having to worry about debt.
The first thing you need to make sure is that you pay off your credit card as soon as possible. You can also download a mobile banking app to keep track of your credit cards and your rating so you’ll stay informed about your credit card’s status. Another thing you need to remember is having the right attitude whenever you look at your card. That piece of plastic should only be used when extremely necessary or during occasions and events you think appropriate. If you know you can’t pay for it when billing comes, don’t fall into the temptation of using your credit card to make a purchase.
At the end of the day, ask yourself, “Am I using my credit card only for the sake of earing points or gift cards?” If so, you might want to consider the other options to earn gift cards mentioned at https://www.teachmepersonalfinance.com/.
