Carefully Using Credit

So you have a $800 credit limit? Where's the first place you want to go? How much you plan on spending? Before you swipe your card, hear me out!

Before you lose your mind in Wal-Mart or on Amazon, read below about how to responsibly use your card & maybe learn a thing or two!

• Credit card companies are well aware of this psychological disconnect, and they take full advantage of it.

• Credit card companies increase convenience at every turn.

• The more money you owe, the more they make.

• Finance charges are calculated based on the interest rate your card issuer charges and are the main cost of using credit.

• The grace period, commonly 25 days, is the time between the date you're billed and the date your payment is due.

• Whenever possible, try not to use credit cards for purchases you can't afford to pay in full right away.

IF THIS HELPED YOU TAP THE HEART BELOW & LEX MAKE CREATE PART TWO!