Comments on: Using Credit Cards to Build Your History http://gailvazoxlade.com/blog/archives/76 Wed, 23 May 2012 10:19:51 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Kathrin Mouser http://gailvazoxlade.com/blog/archives/76/comment-page-1#comment-43918 Kathrin Mouser Sat, 17 Jul 2010 15:29:46 +0000 http://gailvazoxlade.com/blog/archives/83#comment-43918 Hey! Thank you for this informative blogpost! btw: I found this site where you can get a bank account at a bank in austria: http://www.konto-im-ausland.info/ Hope this is useful for you! Best Regards Hey! Thank you for this informative blogpost! btw: I found this site where you can get a bank account at a bank in austria: http://www.konto-im-ausland.info/ Hope this is useful for you! Best Regards

]]> By: Archie A Rhodes http://gailvazoxlade.com/blog/archives/76/comment-page-1#comment-16672 Archie A Rhodes Wed, 09 Sep 2009 16:34:54 +0000 http://gailvazoxlade.com/blog/archives/83#comment-16672 Hi Kelly thanks for sharing your credit card experience with us. It sounds good. Hi Kelly thanks for sharing your credit card experience with us. It sounds good.

]]> By: Kelly http://gailvazoxlade.com/blog/archives/76/comment-page-1#comment-449 Kelly Wed, 26 Mar 2008 02:35:24 +0000 http://gailvazoxlade.com/blog/archives/83#comment-449 I also got my first credit card as I was finishing high school/starting university. I had a $250 limit to start, there was no fee and this is still the primary credit card I use to this day. The company has given me lots more rope to hang myself with in terms of my credit limit, but I continue to pay off my entire balance in full every month. Visa hasn't made money off of me in years.... I also got my first credit card as I was finishing high school/starting university. I had a $250 limit to start, there was no fee and this is still the primary credit card I use to this day. The company has given me lots more rope to hang myself with in terms of my credit limit, but I continue to pay off my entire balance in full every month. Visa hasn’t made money off of me in years….

]]> By: tracy jenneson http://gailvazoxlade.com/blog/archives/76/comment-page-1#comment-448 tracy jenneson Tue, 25 Mar 2008 19:31:34 +0000 http://gailvazoxlade.com/blog/archives/83#comment-448 Some of the best advice I got in Highschool was when our "life skills" instructor taught us the value of credit. The class was only 1 hour, and a whole lot of students skipped that block (woah is them), but in that short time we were told how to write a resume and do a job interview. Then how to open a chequing account, how to read a bank statement, how to write a cheque properly, and most importantly -- that it was good to get a "student" credit card as soon as possible, then JUST pay for food and/or gas with it and make sure to pay it off EVERY month. (His reasoning was that it's always easier to get credit when you don't need it, and a long healthy credit history helps when you eventually want something important like a home -- AND it's an easy way to keep track of exactly how much you are spending on food/gas.... (note this was before Interac so for anything retail it was cash, check or credit card). That class made me keenly aware of how powerful credit is, and how important it is to know what your money is doing. I only wish the class was manditory!!!! Some of the best advice I got in Highschool was when our “life skills” instructor taught us the value of credit. The class was only 1 hour, and a whole lot of students skipped that block (woah is them), but in that short time we were told how to write a resume and do a job interview. Then how to open a chequing account, how to read a bank statement, how to write a cheque properly, and most importantly — that it was good to get a “student” credit card as soon as possible, then JUST pay for food and/or gas with it and make sure to pay it off EVERY month. (His reasoning was that it’s always easier to get credit when you don’t need it, and a long healthy credit history helps when you eventually want something important like a home — AND it’s an easy way to keep track of exactly how much you are spending on food/gas…. (note this was before Interac so for anything retail it was cash, check or credit card).

That class made me keenly aware of how powerful credit is, and how important it is to know what your money is doing. I only wish the class was manditory!!!!

]]> By: Jo http://gailvazoxlade.com/blog/archives/76/comment-page-1#comment-447 Jo Mon, 24 Mar 2008 18:19:01 +0000 http://gailvazoxlade.com/blog/archives/83#comment-447 "If you pay off your balance every month, you might want one of those more expensive cards - who cares, you’re not paying interest anyway - that also offers frequent flier miles, cash back, or special insurance options. Just make sure the payoff is worth the price of the annual fee." If you pay off your balance every month, consider seeking a credit card with a perk that has no annual fee. I've received about 500$ in free groceries with my PC Mastercard and a dividend cash back payment with my visa. I've used these cards for more than five years and never paid the companies a cent for these freebies :) “If you pay off your balance every month, you might want one of those more expensive cards – who cares, you’re not paying interest anyway – that also offers frequent flier miles, cash back, or special insurance options. Just make sure the payoff is worth the price of the annual fee.”

If you pay off your balance every month, consider seeking a credit card with a perk that has no annual fee. I’ve received about 500$ in free groceries with my PC Mastercard and a dividend cash back payment with my visa. I’ve used these cards for more than five years and never paid the companies a cent for these freebies :)

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