I recently made a page that has my credit card picks on it. On it I have a few different sections - Student Cards, Rewards Cards, and cards conducive to Balance Transfer options. As time goes by, I’ll be updating that list with more cards and bad cards will be removed. I will take suggestions on cards that I should add on to there.

Part of building financial responsibility is being able to use credit cards responsibly as well. Overspending on credit cards can lead to financial difficulties - I have seen it firsthand and have read about it on other blogs Applying for credit cards just for the heck of it is a good way to take some hits on your credit score and, if you need a good score to get a loan, it is probably a good idea to not to apply for new credit close to the same time that you are applying for a loan.

Overall, be responsible when dealing with credit cards and do NOT overspend. I’ll be making an update later this week about the importance of budgeting and how it can impact your financial success.

This entry was posted on Tuesday, February 5th, 2008 at 6:10 pm and is filed under Credit Cards. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.