Credit AND Debt
Credit can ruin your life. I know this because I have known people in the situation of bad credit. It comes from a lack of understanding of how money works and how it can work for you. Unfortunately, many people have been taught the other way around and as adults resort back to the reverse ideology than they should have. Credit cards end up being the first way people uneasily spend and max out their credit cards. Having credit provides dedication, commitment, and a solid foundation of money. You want to ensure that if you do get a credit card (like the 0% credit cards) and you have another line of credit with a larger interest rate, make sure to submit a balance transfers. This will help you pay off your balance more quickly than with a credit card with a bigger interest rate. I found some great information about the increase of fee hikes which can also affect you and, essentially, your livelihood.
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