How to Use a Credit Card Wisely 💸

How to Use a Credit Card Wisely as a College Student 💸

1. Choose the Right Card: Low Interest Rate, $0 Monthly/Annual Fees

2. Set a Credit Limit Based on Your Abilit to Repay the Balance

3. Stick to Your Monthly Budget that Includes Your Credit Card Expenses

4. Always Pay on Time! Avoid Late Fees & Neg. Marks on Your Credit Report

5. Consider Setting Up Automatic Payments to Your Credit Card

6. If Possible, Pay the Full Balance Ea. Month to Avoid Interest Charges

7. Don't Overspend Just to Earn Points on Your Credit Card (if applicable)

8. Avoid Cash Advances: Often Come with Higher Fees & Interest

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