Is Credit Card Good??
Bro, it totally depends on how you are planning to use it. Having a credit card is a good thing if you have your finances under control or if not that, you can track them. I know that most people who discourage using credit cards have either been in debts or just don’t understand the concept of creditworthiness.
A credit card helps you build your credit, offers a cushion during a financial crisis and now you also get a host of benefits against your credit cards. But, all of this happens if you spend within the credit limit, pay your dues on time and don’t overspend.
I know someone who got trapped in credit card debt just because they didn’t pay off their dues in time and the interest kept on piling up. So, as I said, is credit card good? Depends on your spending habits.