If you’re comfortably going through your life without a credit card, well done. If you have reached the point where you can no longer get by using checks, debit, or cash, welcome to the club. Choosing a credit card may seem like an intimidating task, but it’s actually not that bad. In fact, with the options today (like customizations, different perks, etc.) choosing a credit card might even be considered fun. If you’re still a little unsure, here are some helpful tips to help you choose the right credit card.
1. Motivation For Getting A Credit Card
Having the right motivation for obtaining a credit card is a really important. Ask yourself why you want one. Think of a credit card like a mini loan that you will have to pay off monthly. If you can’t pay off the mini loan, you should not be getting a credit card. If you can but don’t want to make monthly payments, you shouldn’t apply. A credit card shouldn’t be treated as “free money”. If you want to use it to help build your credit rating, or to supplement some expenses, then you’re a little closer to having a healthy motivation for getting a credit card.