First Time Credit Cards For College Students
As a former college student, I am able to speak from the position of the fastest growing age group of new debt consumers. I found myself in school broke, stressed, depressed and credit cards, at least I thought, were my best friends. Now they have become my worst enemy.
The late night meal charges, impulse purchases, are an addiction, and the fees charged to your account or horrible. First off, the late night meal charges were my best friend. Living the college life, and partying hard led to the demise of my credit cards. I would head home 2 maybe 3 in the morning on a good night and cooking was the last thing i was about to do, so Jack in a Box here I come. Riding home with a car full of broke, hungry friends did not help either as I believe in feeding the “needy,” so with four other hungry individuals my purchases rapidly would grew from $6 to $30. In a semesters time I am now over my credit limit and in horrible debt.
All in all if you are a college student or a hard clubber, you might wanna steer clear of first time credit cards. Secondly, the impulse purchases. It really seems the simple convenience of having the credit cards is the bait that lures us into debt. A simple trip to the mall to see a movie or eat a quick meal with friends, always ends in window shopping and eventually spending. The displays are set-up so beautifully that one will instantly go into “I want or I need that” mode. The simple process of being able to pull out that plastic, slide it and sign it happens so fast it’s like an addiction, another topic I will discuss later.
A pleasant trip to the mall turns into a full fledged shopping spree, in which I’d always end up leaving the mall with so many bags I needed help loading them into my car. It is truly an addiction that can ruin your life like any other drug around. Thirdly, the seemingly addictive nature these credit cards bring is a nationwide outbreak. My friends and myself included, have accumulated so much debt over the years, that the simple leasing of a new car or purchasing a house is impossible.
Many organizations review your credit score for cellphones, jobs,housing, and transportation. Credit card addiction can actually prevent you from be able to live your life as a productive citizen. Something as simple as leasing a car, or buying a home, the very things that we value as human beings can be completely destroyed by credit card addiction. The stress brought on by credit card addiction can corrupt one mentally and physically just as cocaine,alcohol, and prescription drugs do many individuals worldwide. Isn’t it amazing how so many man made creations have ruined man himself?
To anyone considering credit cards I say “Just Say No” to credit. Work hard, save your money and practice self-control over your spending habits.
Related posts
Filed Under First Time Credit Cards | Leave a Comment
Tagged With credit card, credit cards, Credit Score, First Time Credit Cards, money, time credit
Comments
Leave a Reply
Recent Posts
- Comparing First Time Credit Cards
- Young Adults And First Time Credit Cards
- Applying For First Time Credit Cards
- First Time Credit Cards For College Students
- Considering First Time Credit Cards
- Three Things To Consider Before Applying For A Credit Card
- First Savings Credit Card
- Why Care About First Time Credit Cards?
- First Time Credit Cards For Teens
- Comparing First Time Credit Cards
Topics
Posts Of Interest
Tags
applying for a credit card bad credit rating budget credit card credit card companies credit card company Credit Card Debt credit card issuer credit cards credit history credit rating Credit Score debt repayment program economy emergencies First Savings Credit Card First Time Credit Cards interest rate loans minimum payments money payment options student credit card student credit cards time credit