Monday, January 08, 2007

10 Worst Credit Card Mistakes College Students Make

Don't let the headline from Money Smart Life's article fool you, these 10 rules apply to more than just college students. I have listed the top 10 mistakes below, but please see Money Smart Life for the details:

1) Opening a Credit Card for Free Stuf

2) Open Door Policy

3) Speculating on Credit

4) Taking the Card out for Night on the Town

5) Carrying a Balance

6) Opening Store Credit Cards for Discounts

7) Overspending, then Reporting Your Card Stolen

8) Buying an Engagement Ring

9) Paying For Friends

10) Forgetting to Pay the Bill



3 comments:

Anonymous said...

Glad you found the article useful. I agree, these mistakes don't apply only to college students, perhaps students are just more prone to commit them.

Anonymous said...

)))))
WOW...
It’s useful. Indeed, when I was a student I used to relax by very wild ways. That time I had a lot of possibilities to lose my Ccard. Your rules are just like me that time)))

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