That Video Was Pretty Obvious, Right?
Well, here's a question which isn't... It's pretty important:
What should you use your credit card for?
You could use it to build credit, if you are really, really careful.
You could use it for safety - taking a ton of cash around doesn't make a lot of sense.
- But why not put that money on your debit card, not your credit card?
You could use your card for legal protection, when you pay for products and services.
- It makes sense to use your credit card rather than your debit card if you are buying anything online...if you follow the tips below.
So, you could use a credit card for some things, as long as you remember the cardinal rules:
Pay your bill instantly.
Pay it off every month.
Don't use your card to "finance." Instead...
- Save up your money and pay cash.
- Borrow from a friend or family member.
- Use a bank or credit union.