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I remember when Nixon was President and on my way to college, my Dad handed me my first credit card (master card) and told me that he was a signer on the account and to use the card wisely. He also said if you have a balance make the payment plus whatever the intrest charged for that month was (example min $50 pmt. which includes $20 intrest you pay $70)this was good advice but i made sure that the balance was always paid in full each month.
My dad taught me how to handle money when i was growing up and how to use it wisely i am passing this on to my children with the hope that will be wise with their CC's.
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