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Too many credit cards? Here's how to manage them all

Mediafeed Logo By Shannon McNay Insler of Mediafeed | Slide 1 of 6: Out of all the financial products out there, credit cards can inspire some of the strongest opinions. Some people see them as a useful tool for secure purchasing or even earning rewards on their purchases, while others see them as nothing more than a dangerous debt trap. But love ‘em or hate ‘em, one thing is for certain: We’re nearly all using them — more than 70 percent of American households have at least one credit card according to U.S. Census Bureau data.As with all things, the trick to how beneficial a credit card can be comes down not just to the product, but how you use the product. Strict credit card management can enable consumers to take advantage of all the benefits of credit cards without falling into debt. The key here, however, is the word “strict.” Here are tips on how to manage a credit card in a way that will help it benefit your life, not sink you into debt:SPONSORED: Get MORE out of your credit cardsKnow which of your credit cards is best for each purchase. Maximize your rewards, cash back, points and more with Uthrive, a truly free credit card rewards app. Get it here.

Getting the most from your credit cards

Out of all the financial products out there, credit cards can inspire some of the strongest opinions. Some people see them as a useful tool for secure purchasing or even earning rewards on their purchases, while others see them as nothing more than a dangerous debt trap. But love ‘em or hate ‘em, one thing is for certain: We’re nearly all using them — more than 70 percent of American households have at least one credit card according to U.S. Census Bureau data.

As with all things, the trick to how beneficial a credit card can be comes down not just to the product, but how you use the product. Strict credit card management can enable consumers to take advantage of all the benefits of credit cards without falling into debt. The key here, however, is the word “strict.” 

Here are tips on how to manage a credit card in a way that will help it benefit your life, not sink you into debt:

SPONSORED: Get MORE out of your credit cards

Know which of your credit cards is best for each purchase. Maximize your rewards, cash back, points and more with Uthrive, a truly free credit card rewards app. Get it here.

© kate_sept2004

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