8/23/2009
1.
Don’t charge what you can’t
afford—even if it looks really good
on you.
Lesson 6
2. Pay bills on time, and build a
good credit history. Pay bills late,
and you’ll incur something worse
than the embarrassment of
walking into the wrong class—a
late charge.
3. Set a monthly spending limit,
and stick to it.
4. Shop around for the best credit
card terms—find the card that meets
your needs best.
5. Don’t let the terms of a credit card
agreement sneak up on you like a pop
quiz. Understand them completely
when you accept a credit card.
6. Save money each payday for
emergencies. That doesn’t mean latenight pizza cravings.
7. Shop as carefully with a credit card as
you do with cash—your own cash, that is.
8. If you charge day-to-day expenses,
pay them in full each month. You don’t
want to be paying interest charges on a
bag of chips.
9. Keep credit card information
(including phone number of issuer) in a
safe place in case your cards are lost or
stolen.
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8/23/2009
10. Keep copies of sales slips and
compare charges when statements
arrive. If there’s a mistake, call
your issuer right away. Unlike
wrong answers on exams, these
mistakes can be changed
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