🙄 When the bill comes
How you use your credit cards is very important
If you use them to purchase things you can’t afford, you’ll end up paying way more for those items over time because of the interest.
🏦 According to the Federal Reserve Bank, Americans have around $1.031 trillion dollars in credit card debt!
⏳ And if you’re only making the minimum payments on your card, then it’ll take you over 20 years to pay off your balance.
This is why some folks in the finance space suggest that you don’t get credit cards altogether, because some people can’t be trusted with them.
However, if you learn how to use credit cards responsibly, you can actually earn points from using them which can be converted to cash or other gifts!
In fact, many of our trips this year were paid for by our credit card points, so we didn’t have to spend too much to fly to different cities or stay in nice hotels.
✅ If you’re looking for our favorite credit cards with the best sign up bonuses, then check out the link in my bio!