Say it with me people: Debt is bad. For everyone. All the time. No matter what kind of debt you have, it’s bad. I have been battling my way out of student loan debt for the past 3 years. I graduated college in 2011 with $25,302 in loans. Not as much as some people, and not record breaking by any means. Not a sum to simply sneeze at either, though. I graduated right into the Great Recession and finding a job was (pardon my French) damn near impossible.
Credit cards can be your best friend or your worst enemy. Used properly, they’re a great way to build your credit and reap the many benefits that cards offer: free flights or hotel stays, discounted car rentals, or cash back bonuses. Used improperly, they can trap people in high interest debt. If you find yourself reaching for your credit card a tad more often than you’d like, use these tips below to curb that spending.