#MyMoneyMatters: Use Credit Cards Responsibly

Don’t get credit cards if you can’t afford to pay them off. It may seem like a good time when you are charging but once those payments start to hit, you begin to miss them and your credit score begins to drop; it’s a totally different emotion.

If you are responsible enough to handle your credit, manage your balances and don’t carry a balance of more than 30% of your credit limit (example: credit limit = $1,000 x 30% - your balance should never be more than $300)