Why do you want a credit card? To feel stronger by getting this new purchasing power at your hand? Do you need a good advise? Ok. Here it is. Don’t take it. Leave it and try to have a sleep with no blemished credit stress in your mind. I think, a peaceful sleep should be on your high agenda than having a life full of credit.
What’s your age by the way? Are you young enough to make silly and emotional mistakes? Do you have enough control on your common excitement. Credit card is going to abuse your own power of controlling your excitement while you start traveling around, do shopping or start buying new stuff or if you want to get new stuff.
Youngsters often tend to get drawn to this stupid plastic card very quickly and sooner they learn when they are surrounded badly into this arena of credit which later becomes a blemished credit and put a bad stamp on your Credit profile. This is too common and happens with many young people while they’re reaching close to their 30’s. A serious depression generally hit them extraordinarily hard as a consequence of beyond control finance.
While there are circumstances when I suggest you to take credit like, for your study or for debt consolidation or to start a good reasonable business. Yes, take it then. Because there is not any equitable investment apart from investing in your own skills and education and enhancing your knwledge which is going to eventually help you in yoru life and is the best asset you’ll have and will help you recover or make more later in your life.
Take credit for bad debt consolidation because typically it is performed when you have out of control credits and finances from various lenders and you need to streamline every one of them into one account. Well, do it as it’s better to control your debt this way. Credit for business expansion or to buy a brand new business makes a good sense too because you eventually making money out of this credit.
So what’s the learning here? You want to feel thrill of your excitement of this new buying power in your hand is the beginning of this new intense journey or you want a better peaceful future? So my best advise is to learn the way to effectively your your cash in hand rather than going this path of taking credit and learn effective credit management.
If this additional credit is to support your luxury life then I will be able to strongly recommend to stay away from it. In fact , why do you need to buy an extra mobile, extra laptop or extra stuff in your life? You unhappy with what you have already? Let more luxury come in your life natrually in later stage of your life. Whatever luxury you may enjoy with your credt card will be simply temporary only and not long lasting in fact.
I have personally gone thru close to insolvency experience and money crisis in life. That is the reason why I like to write and advise. : )