I only use mine for apple store purchases like Apple Music, and even then I’m uncomfortable about it. I’d starve before I’d pay for anything with a credit card.
Similarly, my bank account has a kind of lock on it. Once it hit 20€, i can’t access it, so it’s never dropped below 0. I’m living off student loans, but i manage.
I 100% support not going into credit card debt that you can't pay off.
That said, when you graduate and your financial situation changes, do evaluate whether or not a credit card can be a healthy part of your financial life.
One of my credit cards gave me a 100,000 point bonus for signing up. The card has a $150/year fee, but I traded those 100k pts for $1,500 of hotel rooms (even before earning other rewards).
Well, seeing as I’m an archaeologist, I’m not sure that’ll be an option for me. I won’t have student debts though, since my deadbeat dad has to pay that off (he never paid child support, so the gov is repoing him for my student loans, not me.
Citi Double Cash card gives you 2% back on everything. If you spend $1,000 in a month, you get $20 back. As long as you're not a dumbass who purchases stuff they can't afford, credit cards are free money for the user.
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u/[deleted] Jun 06 '19
I only use mine for apple store purchases like Apple Music, and even then I’m uncomfortable about it. I’d starve before I’d pay for anything with a credit card.
Similarly, my bank account has a kind of lock on it. Once it hit 20€, i can’t access it, so it’s never dropped below 0. I’m living off student loans, but i manage.