Posts Tagged ‘managing credit cards’

Managing Our Credit Cards – Are we Disciplined?

Posted April 7, 2009 by Bernz

I will never apply for another credit card again….. Really?

Well, yesterday afternoon I broke this rule. I have never open up a new credit card in almost 4 years. My wife and I only uses American Express card whenever we go shopping and pay this card in full every month. We like AMEX the fact that this is the only credit card that Cosco accepts and we do shop there almost every week.

credit-cards

As I said we decided on opening up a new credit card yesterday. A store credit card in fact! We were buying some stuffs for the Kids and the store was offering a whopping 40% additional discount if we open and actually use their store credit card, and the offer was good for yesterday’s purchases only. I was not very thrilled about this but the wife thinks it was well worth it.

This incident prompted me to write about how we can best manage our credit cards. Hope you find these tips helpful as we’ve use these ourselves in managing our credit cards when we use to have about 10 of them ourselves combined. (more…)

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Posted in Credit Card Management, Debt, Financial Education, Saving Money | No Comments »