When I write about student credit I get more comments that simply say “credit cards are evil!” I can only laugh when I see this because it is so far from the truths. Today’s students have probably seen a lot of credit care misuse by their parents, family members and friends. They have seen people who have buried themselves in debt and ruined their ability to obtain a mortgate, car loan, or even a student loan.

Credit cards are not evil,  but way some people use credit cards is evil. There is a right way and a wrong way to use a credit card. The right way can help you build a healthy credit history and credit score. The wrong way can put you in deep financial debt.

Some people use credit cards to make normal purchases every month. They put their groceries, gas and phone bill on their credit card, but always have money in the bank to back up these purchases. This is the right way.  Some people use credit cards to spend money they do not have. This is the wrong way. You can be a credit card user and never get into financial trouble. It just takes a sense of personal responsibility and self-discipline.

ScholarshipPoints Bonus Code: EVILCREDIT

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