Credit Card Blog

The Dangers of Credit Cards And How to Avoid Them

November 26, 2021 By Kalin

Have you ever heard stories of people misusing their credit cards? Of course, you have. It’s something that happens all the time. And while it’s not uncommon for someone to overspend and rack up thousands of dollars in debt, you can take steps to prevent the dangers of credit cards happening.

The simple truth is that credit cards can be dangerous, especially for first-time cardholders who the allure of free money may sway – and not all of the danger is to your wallet. However, even those who are experienced with credit cards can fall victim to credit card traps.

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How Many Credit Cards Should I Have? The Right Answer

September 29, 2021 By Kevin | Just Start Investing

A question that many Americans ask is how many credit cards should they have. Credit cards are convenient as they allow users to pay for services and goods with credit. The convenience is even more amplified by the fact that users are allowed to spend more than what they own. But unwise spending can put you in debt. So that begs the question of whether owning more than one credit card is a good thing.

If we look at this statistic, Baby Boomers and Gen X own the most credit cards out of every other generation. With 4.23 and 4.61 credit cards per member of generation, Baby Boomers and Gen X make up the generations that use the most credit cards. But is owning that many cards good for your finances? In this article, we will give an answer to the question of how many credit cards should you have.

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First Savings Credit Card Review

February 27, 2021 By Alex Loredo

The First Savings Credit Card is a card designed to help you build your credit score. From home mortgages to personal loans, most of the time, when you ask to borrow money, your credit score is viewed. It’s a part of life, and building credit is an excellent habit to start as soon as possible.

In this article, we’re going to take a look at the first savings credit card and whether it’s a good credit card option to help build your credit. The short answer is that it’s good, but not the best.

Immediately below you can explore better options, and keep reading to get the full First Savings Credit Card Review and learn if this card is right for you.

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The Best Debit Cards for Kids to Teach Them About Money

February 11, 2021 By Kevin | Just Start Investing

Giving your child a debit card can be an excellent way to teach them about money and budgeting early in life. With consumer debt in the US growing to over $14 trillion, according to CNBC and the Fed, any step you can take to help promote financial literacy early can go a long way.

However, not all debit cards for kids are created equal.

Some have higher monthly fees. Others are free but have ATM and card reload fees. And a few cards offer features above and beyond the competition.

It’s important to understand your options before choosing which debit card to get your kid, especially when it comes to cost. So below, we compiled a list of some of the best debit cards for kids, including a couple of free options you should consider.

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Fit Mastercard Credit Card Review

October 25, 2020 By Kevin | Just Start Investing

The Fit Mastercard is a credit card built for people with poor or fair credit to help build their credit score. However, it falls short compared to other cards for one primary reason – fees.

I hate fees.

Whether it’s bank fees, investing fees, or credit card fees, I do everything in my power to avoid them. And you should too!

While the Fit Credit Card can help build your credit score, it’s not the best option because of its fee structure.

Keep reading our full Fit Mastercard Review below to learn more about the pros and cons of this card, and what other credit building options you have.

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