When I was going to the collage for the first time, I can fairly recall that my mother had called on me to give a few instructions. What followed later on was the best advice that I ever had in my whole life. She told everything one would need to know about starting to build one’s credit.

I really never thought about it. I always used to think that credit cards are for adults, and when I became an adult I was in fact clueless about this topic. She said that it was time to start thinking about getting myself a credit card. She also told me that if I get myself one and start spending so many things on it, there will be nobody to help me out. This was the thing that freaked me out. Although I used to work full time, I was frightened at this very thought, “What would happen if I could not pay the bills for a while?” I was sick worried that I might go crazy and buy myself the whole mall with my card. I decided that I will not get a credit card that was way too much of a responsibility for me.

But she would not leave me, she stuck to that topic for the weeks that followed, and finally I got sick of it and said to her, “Okay, okay! I’ll get myself a card. But how am I supposed to know which one is the right for me.” You know what she said? She said, “How would I know? That’s your problem young man!”

It was then when I started on the quest for the credit card at the age of eighteen, and I did not even know that from where I should start. Naturally I saw a pamphlet advertising of a credit card and I blindly applied for it. I still have the same card today. But now I feel that I could have saved a lot of money only if I had researched a bit and rather applied for a card with lower interest rates and a higher credit limit.

Today we have this Internet thing and one can get a lot of information just by clicking on some places. But I do not think that I will ever change my credit card, maybe because I’m old now and I don’t use it very much anyway. But I decided to write this down so that other people can benefit from this and put some time in collecting stats about various offers and tariffs before applying for on, and don’t do the same again.