Credit cards are necessary to help you establish credit so you can get future loans like car loans and mortgages. However, the problem with credit cards is that you can cause a lot of financial damage to yourself if you are not careful with credit cards and you do not learn how to properly manage them. Instant Gratification The problem with credit cards is that they send out the wrong message as they sell people on “buy now, pay later.” You have to be careful with credit cards as the interest … [Read more...]