Tips and Tricks For New Credit Card Users
How to use your card wisely, maximizing rewards, and avoiding common mistakes
According to a study by the Federal Reserve, the average U.S. household has $9000+ in credit card debt. While some people manage to get out of this debt on their own, others struggle for years to pay off their bills.
Are you new to using credit cards?
If so, then you may be wondering how to get the most out of them without getting buried in debt. In this article, we’ll look at some tips and tricks for new credit card users that will help you get the most from your cards without taking on too much debt.
New Credit Card does NOT mean more money
A credit card can be a helpful tool if used correctly, but it’s important to remember that it’s not an extension of your salary. Just because you have a credit card doesn’t mean you can afford to purchase everything on it. New credit card users should limit their use to emergency purchases and regular bills like gasoline and groceries.
