Credit Cards Are Not Bad

Credit cards are not bad at all, in fact they can be a real friend but only if we know how to use them. I can say that because that is what I do, I use my credit cards to my advantage and so can you. My current credit card gives me 5% back on all gas purchases, which is real good just check those gas prices and you’ll agree with me, and 1% on everything else I purchase. I got it back when I used to borrow a car to go to work so it made sense, I take the bus now so I don’t get that 5% bonus anymore. I do get that 1% and how I do it is simple, I charge my monthly phone and Internet bills to my credit card. One percent does not sound like much I know but the whole point of doing it is to get something back for using something that many people try to avoid. Right now I have about $50 dollars cash back bonus on my card and each month it grows a little more which is exactly the point.

Don’t get me wrong, there is always a negative to everything and I know that credit cards can be real bad and I will tell you why on a coming  post.