Managing Credit Cards

How well do you manage your credit cards? When used properly, credit cards can provide a short-term zero interest loan to finance purchases, leave a trail that allows you to track your spending, as well as offer protection against fraud, extend a product warranty, and give you an opportunity to qualify for rebates and other rewards.

Although they are a much better choice than using a debit card, when misused credit cards incur expensive fees and can damage your ability to move ahead financially.