Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
Capria_94
Capria_94
Employee
March 1, 2019
Question

New To Credit Cards

  • March 1, 2019
  • 2 replies
  • 0 views
I have recently decided to get a credit card. I have thought about what would I use it for, and I thought about is it ever good to use credit cards for fun stuff like clothes, getting a new hair do, or going out with friends?

    2 replies

    I
    InvestedInMyFinances
    Employee
    March 1, 2019
    It is definitely okay to use a credit card for fun expenses, but ONLY if you already know you can pay it off in full. If you know you can use a card responsibly, and only put charges on it that you would have made with cash, you can use a card to great advantage. Many cards offer perks like miles or cash back on top of helping to build your credit score. Just make sure you can pay that charge off in full.
      A
      AdrianG001
      June 7, 2019

      First Credit is always like an opportunity for a person if used wisely or else it can be a destroyer too ! You have to make sure you handle your credit card in a proper manner and follow the steps below:

       

      • Understand the terms of the card.
      • Beware of 0 percent teaser rates.
      • Play with interest rates.
      • Set a budget.
      • Pay on time.
      • Pay in full.
      • Don’t go over the limit.

       

      Regards,

      Adrian

      Tax Consultant

      TurboTax Sign In Widget
      TurboTax flag icon

      Unlock tailored help options in your account

      Create an account
      TurboTax Expert Assist
      TurboTax Expert

      Get answers to all your tax questions

      Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

      Terms & ConditionsCookie settingsAccessibility statement
      Intuit
      TurboTax Credit Karma QuickBooks MailChimp

      ©1997-2022 Intuit, Inc. All rights reserved.
      Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
      of Intuit Inc. Terms and conditions, features, support, pricing, and service options
      subject to change without notice.

      Security Certification of the TurboTax Online application has been performed by
      C-Level Security.

      By accessing and using this page you agree to the Terms of Use.

      Accessibility

      TRUSTe nResult Certified e-File C-Level Security Certification