If you do a search on the Google search engine for the phrase - “average credit card debt”, you will find all kinds of answers. One thing is for sure. Americans and Canadians alike have way too much debt on their credit cards. Where one site has the average debt at $5000 another will have it at closer to $10,000.

One thing to keep in mind when looking at some of those figures is that the amount of debt placed on a single person may not seem as bad when that amount is placed on a credit card for Read the rest of this entry

There are more people getting higher paying jobs than ever before, and most of those people just cannot resist the temptation to apply for a credit card. Like all temptations, we need to learn to stay away from that urge. Although there are reasons to have more than one credit card, most of us only really need one good major card.

So, if you happen to pass by a window or see a sign that says something like – “Apply Here For Your Credit Card”, or something like that, run as fast as you can in the other direction. Because if you don’t you will just run the risk of Read the rest of this entry