I got my first credit card when I was 21 and quite frankly went a bit overboard in using it. I was about to graduate from college and suddenly everything that I earlier would have liked to buy, became necessities and I kept on buying them with my credit card, to be paid off once I started my job after graduation. My initial plan was to pay off as much as I could, so I could keep up with what I was spending and not build up my debt too much, but it becomes really hard to follow after a while. Now, I use credit cards simply as a way of making a payment and send in a check immediately, so that I am not even charged any interest on it. One has to be smart about using credit cards and one has to know what one is really getting them for.
Investments, PersonalMay 7, 2007 9:18 pm
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