subject: Credit Cards: Can Be A Very Good Thing! [print this page] Credit Cards: Can Be A Very Good Thing! Credit Cards: Can Be A Very Good Thing!
Credit Cards: Can Be A Very Good Thing!
Credit cards are often times looked upon as bad, or that they will put you in debt, but the truth is, if used properly, they will actually help you and save you money! As long as you do not put more on a credit card than you can pay off each month, you will never have to pay any interest. Therefore, it will be just as if you paid cash. This is the proper way to use a credit card. Because of all the perks credit cards offer though, if taken advantage of, it can really save you a lot of money!
Different credit cards offer different kinds of perks. There are countless perks. Some of them include gaining frequent flyer miles, being able to gain points, and using those points to purchase certain items, and even cash back every time you spend a certain amount on your credit card (which is free money as long as you don't ever pay interest on your card). You can also receive many discounts for certain things just by using your card. Because each credit card has different perks, it is first important to decide which perks you actually want and would use, then it will be easier to pick out a credit card accordingly.
As long as you pay at least the minimum payment each month on time, you will be going from no credit to good-excellent credit just by using your card and making your payments like you would any other type of bill. It is important to have good credit in case you ever need to get a loan for anything, that way you can get a much lower interest rate. Credit cards are also much safer than carrying around debit cards or cash because if your money gets lost or stolen, on your credit cards you can get that money back.
