Got a Love-Hate Relationship with Credit Cards? 3 Tips for Improving It

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How’s your relationship with your credit cards? Is it often smooth-sailing and sometimes rocky—or is it the other way around?

A credit card is like your trusty BFF: it’s there when you need it. Simply take it out of your wallet, have it swiped, and sign the receipt. No sweat! You can take that expensive appliance or furniture home, all thanks to the convenience of paying with your plastic card.

As much as you have reasons to love your credit cards, you also hate them sometimes, especially when the credit card statement arrives. You dislike paying high-interest charges, penalty fees, and annual fees. Isn’t it frustrating when your credit card debts go out of control? It may get so bad that you considered letting them go. But then you realize—breaking up with your cards is painfully hard to do.

It’s tricky to own and use credit cards. Sometimes, you want to avoid them forever; other times, you can’t imagine life without them.

Tired of having a love-hate relationship with your credit cards? Here are three tips for improving your relationship with credit cards.

 

Tip #1: Choose a credit card wisely.

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