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EDGEMAN

Joined: 01/05/2001 Posts: 124899
Likes: 40451


I learned my Credit Card lesson when I was a college student


The first month I used it to eat out, and basically charged a bunch of stuff I normally wouldn't have purchased. It took me several months to pay it back down to where I could pay it off every month.

The best thing anyone can do with credit cards is pay them off every month! If you're carrying a balance over to the next month, take a hard look at what you're charging. Some times it can't be helped, so use it wisely. That's really expensive credit.

(In response to this post by HokieGator)

Posted: 02/18/2021 at 11:23AM



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Current Thread:
  That would probably be more useful at the high school level... -- Freddyburg Hokie 02/19/2021 12:57PM
  Frankly it should be taught at every level... -- EDGEMAN 02/19/2021 3:12PM
  Lots of good options mentioned below. -- GreenvilleVT 02/18/2021 11:09AM
  Bigger thing to keep in mind with Dave Ramsey -- Tafkam Hokie 02/18/2021 2:56PM
  Which advice do you think is questionable? -- GretnaHokie 02/18/2021 3:44PM
  Two things in particular -- Tafkam Hokie 02/18/2021 7:37PM
  Good post. Thanks for the reply -- GretnaHokie 02/18/2021 8:04PM
  FanDuel. Easy (Free) money!!!! Or so I've heard. -- HokieGator 02/18/2021 10:02AM
  Fan of Dave Ramsey's Total Money Makeover -- DallasHokie98 02/18/2021 09:55AM
  Just bought the paperback on Amazon. Thanks! ** -- JKHokie-RunFor32 02/18/2021 4:21PM
  Budget. Budget. Budget. -- GretnaHokie 02/18/2021 09:52AM
  Mint is a free product. ** -- hoosnowahokie 02/18/2021 11:39AM
  Two people can live as cheap as 1 - if 1 doesn't eat ** -- bigbadbird 02/18/2021 09:44AM
  LOL ** -- jdkhokie 02/18/2021 10:08AM
  Motley Fool has lots of guides. Fool.com ** -- UTPr0sim 02/18/2021 09:41AM
  1. Get money 2. Spend wisely 3. Invest more wisely -- PhotoHokieNC 02/18/2021 09:36AM
  The folks on r/wallstreetbets could use that advice. =^) ** -- Freddyburg Hokie 02/19/2021 12:58PM
  As opposed to my habits: buy cheap, hold, sell low. ** -- PhotoHokieNC 02/18/2021 09:48AM
  You forgot- Spend less than you make ** -- bigbadbird 02/18/2021 09:40AM
  Then your money will be Ms. Managed! ** -- Kudelski 02/18/2021 10:11AM

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