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futurity is now 25 years old  (est. 12/1/99) & has been providing quality financial advice ever since. 

Financial literacy - one video at a time
 
What are the benefits of credit cards? Should you have one at all?

 

 

 
 

Financial Literacy is knowing that credit cards can be bad for you!
 
Credit cards are the sugar of finance. They provide instant gratification. However, shortly after the spending, you have the big come down as you know you will ultimately have to pay for it.
 
Credit cards are only good to earn points from and delay payment for the length of the interest free period.
 
It is best to think of them as a substitute transaction account, with benefits.