People used to pay for most purchases in cash. An occasional credit card purchase was the same as a short-term loan for large purchases. But now, the industry has grown significantly, with a majority of Americans having used a debit or credit card. They make transactions easier, safer, and better for everyone.
I have been obsessed with credit cards since I turned 18. In my head, the bloggers and “influencers” were on a pedestal flying in luxurious ways us “commoners” can only dream about. Yet in just 5 short years, I’ve reached that goal and then some. I learned things that mapped out maximum value and style. And now I’m hoping that other people can enjoy the same benefits.
Many websites exist that give you bits and pieces. They either explain the benefits of credit or make recommendations. No site outlines exactly how to accomplish these things. I hope to help you carve your path.
A Disclaimer
This guide is only meant to help you gain an overall understanding of how credit works. I hope it enables you to craft your journey and priorities, but it’s not a one-size-fits-all. Everybody’s credit journey or needs are unique. And at its core, if you are someone that can’t control their spending, then you should not even start. Use this guide responsibly, and take control of your financial responsibilities.
The Guide
- Reasons for using a credit card rather than cash
- The M4A Credit Dictionary
- Using credit responsibly
- Boosting your credit score
- Expanding to “the game” – cash back
- Expanding to “the game” – travel
If you are new to credit cards, I would urge you to start with the Credit Dictionary. That is where I start going through common terms and phrases that are important for you to know. I will update these pages and links when I release new content.