Use Your Credit Card Wisely

[justcallmebroke]

I was reading the Federal Reserve’s 2004 Survey of Consumer Finances report and saw that a person with a bank-issued credit card has a balance of $5,100 on the card, on average.

The good news is that this report also stated that 56% of people with a bank-issued credit card pay the balance off each month. Very cool.

My husband and I got caught up in over-using our credit card a few years ago. We didn't have quite as high a balance as the 'average person', but it was still stressful. We had hit a rough patch and, at the time, it seemed like there was no other choice but to use a credit card to pay for things.

Looking back, though, I would have insisted we eat more Ramen noodles to save money.

[fred333]

I would do the same, but the noodles get a little lame after awhile.

[s.jenkins]

Hi, I’m new to this forum. And I was hoping that you could help me. I’ve been trying to find the best credit card offers and reviews.

Anyone have any good or bad experiences? Whats the best deal for rewards?

[Admin]

Here's a few good sites where you can compare credit cards:

creditcards.com
apexcreditcards.com
cardratings.com