Millennials Guide to Credit Cards: 3 Things to Know
From one millennial to another, I have an important message: Credit cards can be your friend or foe, but it all depends on how you treat them.
Credit cards offer the ability to build a credit score, which yields a lifetime of benefits. Those who take a more active approach can reel in bonuses valued at hundreds to thousands of dollars of travel money. When used responsibly, credit cards can be a very powerful financial tool for the younger generation.
Here are a few things millennials should know about how credit cards work and why credit cards aren't just another way to borrow money.
Source: Fool.com