Credit cards can be a powerful tool but only if you use them wisely. Here’s how to avoid the traps and build a strong financial foundation: 1️⃣ Pay on Time, Every Time: Set up autopay for at least the minimum amount to avoid late fees and protect your credit score. 2️⃣ Keep Utilization Low: Aim to use less than 30% of your credit limit. For example, if your limit is $1,000, try to keep your balance under $300. 3️⃣ Avoid Carrying a Balance: Paying off your full balance each month saves you from sky-high interest charges. Don’t let interest eat into your wealth! 4️⃣ Beware of Tempting Rewards: Cashback and travel perks are great—but not if they tempt you to overspend. Stick to your budget. 5️⃣ Start with One Card: If you’re building credit, keep it simple. Use one card for essentials and pay it off consistently. 6️⃣ Read the Fine Print: Look out for annual fees, high APRs, and hidden charges. Choose a card that aligns with your financial goals. 7️⃣ Check Your Credit Report: Stay informed about your credit health. Credit cards are not free money—they’re a stepping stone to financial freedom when used strategically.