Posts

Showing posts from May, 2022

Ask Yourself These Questions Before Opening a Credit Card

Image
  Ask Yourself These Questions Before Opening a Credit Card  By Greg McKinney Mineola TX Credit cards can be a great personal finance tool, but they can also make things go incredibly wrong. Knowing how to use a credit card and choosing the right one for the job is important, but not everyone knows how to do it.   Here’s the truth, though.   You might not even need a credit card right now. Ads for credit cards are everywhere you look today, making it easy to fall into the trap of needing every shiny new card offered, but they’re not always all they’re cracked up to be.   Ask yourself these 5 questions before opening a credit card to make sure you’re making the right choice.   Why do you Want the Credit Card?   Ask yourself this important question first. Why do you want a credit card? There are many answers, and most are acceptable, except one.   Here are some common reasons: ·        You want to earn rewards from a rewards card ·        You need a card to book hotels or airfare ·