The Promise and Peril of Credit Card Use

credit cards The Promise and Peril of Credit Card Use

There’s nothing more exciting than using a credit card for the first time. After all, the ability to purchase practically whatever you want (within your spending limit) with a simple piece of plastic can be simply exhilarating. This exhilaration often turns into addiction for many people, however, which is where the dark side of credit cards comes into play.

When used without care, credit cards can often result in huge amounts of debt that are difficult to deal with. This is not to say that they do not have their advantages, however, as credit cards can be extremely beneficial to those who learn how to use them properly. The following are just a few words on the promise and peril of plastic, and how you can use credit cards to your advantage without winding up in a financial black hole.

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Are you a Saver or a Spender?

DWTestimonialStatic300x250 Are you a Saver or a Spender? Are you a Saver or a Spender?


Have you taken control of your finances?  I admit, I’m sort of bad about this.  I live somewhat carefree and don’t worry about planning for my future.  EEEK!  One of my 2012 resolutions was to get better about managing my own money.

What about you?  Are you a saver or a spender?