Protecting Yourself

Be honest with your limitations, and avoid things that tempt you into spending more with your credit cards.

Miswanting and a desire for status can lead to expenses that we cannot really afford.

Unrealistic optimism about what we can pay back can lead to debt.

Putting Off the Credit Card Bill Can Result in Late Fees and Charges. It is important to make payments on your credit card bill — and to do it on time.

Cumulative cost neglect can take its toll on your personal finances: Small, Daily Purchases with the Credit Card Can Add Up.

Short-sightedness is one of the main reasons that we get into debt.

Behavioral economics looks at how we make poor decisions — even though they may not be rational.

Student rewards credit cards might look like advantageous deals, but in reality they can land students in quite a bit of hot water.

One of the facts of life these days is that credit cards are becoming a necessary evil. The best student credit cards are used - almost needed - by young college students.

Maintaining a disciplined approach toward using your credit card while you’re in school can pave the way to huge savings on those big purchases you’ll want to make after you graduate.