TIP! Many people wonder if it is better to have one credit card or many. For most people, it is best to have two or three credit cards open. You will always need to have some cash, but charge cards are typically used to buy goods. As banks make it harder on you with fees […]

TIP! If an item truly costs more than you have to spend, don’t use a credit card to buy it. Big-ticket merchandise that you may have difficulties paying for should not be charged. Using bank cards wisely can help you accumulate points that can be used on incentives like vacations. It can also relieve any […]

TIP! Keep a record of your credit card purchases to avoid creating more debt than you can pay for. It can be easy to spend more on your credit card than you intended, so make the decision to keep a total on a spreadsheet or in a written record. Charge cards can be very frustrating […]

TIP! Never close out a credit card account without making sure that you know how it will affect you. Many times closing an account can lower your credit score and will show up negatively on your credit report. Let’s face the truth; today, people need advice about managing their money and preventing pitfalls due to […]

TIP! Avoid using credit cards to buy something that is more than you would ever dream of affording with cash. Big-ticket merchandise that you may have difficulties paying for should not be charged. Credit cards can be a convenient way to make purchases without carrying cash or incurring fees of debit cards. If you are […]