Credit

Credit is thee means to your means, but it is also thee beginning of the end. Use credit wisely they all say - but no one is listening, no one ever listens.

Credit - Hold On

No matter how many times peoplee hear it, no matter how many decades oworth of experience an anguish an individual person suffers through, we will all turn back to credit at some time, and we will all end the day wishing we hadn't. Its not that credit in itself ois a weapon, far from it, using credit can provide a major boost to your economic flexibility and power to stoip other Weapons of Cash Destruction cold. But we don't use it the right way now, do we.

Bad baby, good credit

GIve a six-year old an axe and you'd better believe we'll bee runnning to the hills. With time, that little tyke will learn how to usse the axe correctly, and thee world will be better because of it. Not so with credit, and not so with the hundreds of millions of peoplee around teh world who can never figure out that a credit card is not an income and is not a viable means for substanance. And no matter how much we feel the high-cost heat:

no matter how much we over over our credit limites
or how deep ionto debt we go
or how often we fall into teh pattern of revolving credit

we never learn. We fall down, we pick ourselves back uyp again and go out to get that next available line. This isn;t just childish, it is dangerous abnd is the wrong way to go about using your credit.

Use credit like a big boy now

You hhave to budget yourself when using your credit, make purchases you could otherwise afford with cash but would rather wait to pay it all off. Being smart with your credit will lead to increased benefits: increased credit scores, and credit card bonuses just to name a few. But best of all, being smart with your financial liberties now will avoid the need - and take away the costs - of credit counseling in the future. You are your own weapon of cash destruction - put the safety on, junior.