A long, long time ago - when I was a silly, not yet life hardened college student, I racked up credit card debt. It wasn't millions but a couple thousand that seemed to take forever to pay off while I was also trying to pay off student loans. I learned my lesson from that experience and very rarely used a credit card again.... until fast forward about 20 years... I'm in much better financial shape, never had credit card debt again, but realized I was missing major rewards by not using a credit card (I also was concerned about the lack of protection I was getting from my debit card), I decided it was time to give the credit card a try, so I did... and its been great, I think since december I have $300 in rewards from discover! But my tip, for those of you that may be afraid of credit cards (and maybe I'm in the very few about that), I pay my credit card balance every friday. With the mobile app, it is so easy to just go pay the balance.... every week. When paying weekly my balance is never outrageous, so it never feels like i have this huge payment. I was paying it immediately after every purchase when I first started using the card again, but I've found this every friday to work very well for me and be less obsessive. I hope this might help someone out there.
April 19, 2019 at 07:54AM
