Should You Get a Credit Card? And Which One Is Right For You?
Many personal-finance thought leaders shun the use of credit cards. Dave Ramsey even goes so far as to say, "There is no positive side to credit card use." And if you let your credit limit dictate your spending instead of your income or bank account, credit cards can become a burden instead of a tool to make the most of your finances.
For most smart consumers, however, owning a credit card offers a whole bunch of benefits that paying with cash or a debit cards doesn't. As long as you're spending an amount that you can pay off at the end of the month and still save for your financial goals, you should definitely have a credit card in your wallet.
Here's why it's a good idea to apply for a credit card.
Source: Fool.com
