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Credit card mistakes and playing the lottery have a lot in common. What feels great at the time, can leave a person with a sour stomach before the night ends. Learn how to make wise decisions, escape financial miscues, and avoid the embarrassment of the credit card monopoly.
Too Many Credit Cards
In the book of credit card mistakes, this one takes the cake. Just because the mailbox contains a glossy new card…doesn't mean the person needs the card. Many credit card mistakes begin innocently enough with the idea that multiple cards are a good idea. Credit card addiction is an honest and real problem, and many people just don't know when to stop.
Interest Rates
Credit card companies know how to sell the plastic, and the companies trust that many people will fall for the sales pitch. The promise of low or reasonable interest rates leaves the individual wanting to add the credit card to his or her pocket book. However, many times a person will fail to read the fine print.
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