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Credit Cards

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.

[Read more…] about The Dangers of Credit Cards And How to Avoid Them

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 I 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.

[Read more…] about How Many Credit Cards Should I Have? The Right Answer

Chase Sapphire Reserve Benefits Guide 2021

January 27, 2020 By Kevin | Just Start Investing

“Advertiser Disclosure: Just Start Investing LLC is part of an affiliate sales network and receives compensation for sending traffic to credit card partner sites. This compensation may impact how and where links appear on this site.  This site does not include all financial companies or all available financial offers.” 

The Chase Sapphire Reserve card debuted back in 2016 with a whopping 100,000 point sign-up bonus. It has evolved since then in many ways, and I was curious if this premium credit card was still worth it today. This Chase Sapphire Reserve benefits guide should help answer that question.

[Read more…] about Chase Sapphire Reserve Benefits Guide 2021

Credit Card Rewards Definition: Pros and Cons

December 22, 2019 By Amy Beardsly

My definition of credit card rewards: they can be pretty awesome. When you use your cards to buy big-ticket items or for everyday purchases, you can rack up a hefty amount of reward points and tap into other perks as well.

Though, there’s a right way and a wrong way to use credit card rewards. If you’re not careful, it could end up costing you more in the end.

[Read more…] about Credit Card Rewards Definition: Pros and Cons

Advantages of Credit Cards and Why You Need One

November 17, 2019 By Kevin | Just Start Investing

When used responsibly, the advantages of credit cards are nearly endless. In fact, credit cards are actually one of my favorite personal finance topics to talk about because of all the great benefits they offer.

Credit cards are one of those things that get a bad reputation because of the horror stories you hear about consumers racking up insurmountable amounts of credit card debt. Don’t get me wrong, those horror stories are real and scary, but it’s also fairly easy to avoid getting caught in a bad situation.

[Read more…] about Advantages of Credit Cards and Why You Need One
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