Credit Cards

*Dont get too many credit cards.
*Spend as much as you can pay off. And pay off right away.
*Make sure it has no annual fee
*Visa is a good card to have, as it's taken everywhere usually.
*Having too many credit cards can hurt you, because you look more risky to have so many opportunities to have more potential debts. Too many cards you can take out a loan for the total sum of a giant loan. So not good when being evulated for loans for mortgage for example.

*Whatever you buy, sit it there for two weeks, with receipt -if you can live with it for two weeks and not have it, take it back.

7 cards is a lot...
Which cards will you remember to cancel if you lose your wallet right now? And how quickly can you get it done?

3-4 cards better
Travel
Good cash back.
Business expenses.

You can close your credit cards soon as you get it, but it's not good for you.

First credit card is good for you, the one with the longest credit history.

- Advice from Winnie Sun

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Comparing my self...

Department Store /Store Cards
Kohl's
Macys
Victoria Secrets
Old Navy
Costco

Travel Card
Delta AMEX (annual fees )

Cash Back
Citi Double Cash 2% cash back
AMEX Blue Cash (annual fees)

Oldest card
Citi University MTV card
Now it's a Citi Thank you card