Comments on: How To Practice Safe and Responsible Credit Card Use

By: Payday Cash

Payday Cash — Fri, 08 Oct 2010 09:52:21 +0000

Thanks for sharing wonderful tips. I think its help to increase credit score.

By: Bad Credit Car Loans

Bad Credit Car Loans — Fri, 20 Aug 2010 04:41:25 +0000

It's sad that we don't put more resources into teaching personal finance management.

By: Can You Live on an All-Cash System? | Well-Heeled, with a mission

Can You Live on an All-Cash System? | Well-Heeled, with a mission — Mon, 30 Nov 2009 06:15:06 +0000

[...] the merchant will pay 1%-2% of the total purchase price to a credit card company. Even though I don’t carry a balance, credit card companies still make money off of my card [...]

By: Beth

Beth — Tue, 03 Nov 2009 17:28:11 +0000

@ Wellheeled– Thanks. I am in the process of simplifying my finances and your article really helped.

By: Wellheeled

Wellheeled — Mon, 02 Nov 2009 17:54:03 +0000

@ Beth – what I’ve heard is that store credit cards are usually not a good deal, but if you shop at one store frequently, then a store credit card might be worth it. Personally, I wouldn’t get more than one store credit card (but of course your situation might be different).

By: Beth

Beth — Mon, 02 Nov 2009 17:42:36 +0000

I have a question for you. Does the 2-4 credit credit cards limit include store credit cards (ex. Macy’s)?

Thanks!

By: Toxic Money

Toxic Money — Sun, 01 Nov 2009 20:41:49 +0000

Great tips, BUT I strongly believe that people either know or don’t know how to safely use credit cards. I don’t believe that safe credit card use is learned behavior. Some people do better with cash, while others do better with cards.. as simple as that.

By: saturday roundup: halloween edition — the centsible life

saturday roundup: halloween edition — the centsible life — Sat, 31 Oct 2009 14:04:50 +0000

[...] Well Heeled Blog shares how to practice safe credit card use. [...]

By: StackingCash

StackingCash — Sat, 31 Oct 2009 07:12:45 +0000

Pay off your balance in full every month should be number one. That is my mantra and has served me well for the last 19 years. Lately I’ve opened a few more cards in fear that my old ones will reduce my credit limits or impose annual fees. They already increased my interest rates, not that it mattered since I pay off my balance in full every month I never thought that I would need a few more cards because even with an 800 plus FICO score they could hit me with annual fees or a credit limit reduction.