Financial Planning

Credit Cards 101

Credit cards are an extremely hot topic in the financial planning niche. Some in the financial industry advocate “shredding” credit cards altogether, claiming that credit cards are unnecessary and shouldn’t be used. We’ve even written about that perspective here in the debt-free manifesto.

However, credit cards are still incredibly useful to own. If you’ve decided not to stay completely debt free in all forms, you need to have a good understanding of the pros and cons, what every card offer should include, and where you can find the best cards that fit your needs.

This article series is still being compiled, so make sure to subscribe below for the updates. If you’d like, we can even send them right to your inbox.

1. Should You Get a Credit Card?
2. How to Pick the Right Credit Card
3. 10 Things Every Credit Card Should Do
4. Where to Find the Best Credit Cards
5. How to Avoid Credit Card Debt
6. Credit Cards: The Next Financial Crisis

Of course, this is just the start. The articles above are about credit cards specifically. Of course, remember: debt of any kind is dangerous, and has enslaved many people. If you already have significant debt, credit cards should be used much, much less.

To learn more about debt, read the article series How to Get Out of Debt. Remember, debt has a huge, lasting impact on your financial plan. To learn more about financial planning and how you can write your own plan, check out our starter series Financial Planning 101.