For me, college loans are a nightmare in themselves. So why add the debt from a credit card on top of that? most credit cards have ridiculous interest rates, especially the ones marketed to college students. I often see credit cards with well over 20% interest rates, which is MIND-BLOWING! If you don't have the money to buy something, DON'T BUY IT! It's that simple!
Avoid getting into debt during college. Is getting a new stereo now worth not being able to buy a new car later in life because your credit is horrible? Absolutely not!
Very true, good thing I don't have a spending problem :P
ReplyDeleteOne rule I have always lived by is to never get a credit card. 24 and working well for me so far.
ReplyDeleteYou're right man, good post!
ReplyDeleteSo glad I live in Belgium.
ReplyDeleteCollege costs like 500-1000€ a year (you can get it as low as 200 with funds from the government)
Debts, the best part about college!
ReplyDeleteI'm never gonna touch a credit card, haha.
ReplyDeleteI know what you mean, my mom loves getting credit cards and promptly running the fuck out of them. Initially it's nice, like oh hey, new shoes.
ReplyDeleteAfter a while it's soup for a few weeks.
yeah im already 3000 dollars in debt from school
ReplyDeletealso take off the captcha
ReplyDeletedebit cards are the best
ReplyDeleteI hear you man, I'm a University student myself :( sucks
ReplyDeleteYeah about to graduate with a lot of debt. It's going to be horrible.
ReplyDeleteI think I'm going to start using cash only from now on..I'll be able to keep a much better track of things. Nice post :)
ReplyDelete4200$ in debt so far (University). Feels bad man.
ReplyDeleteloans are awful. college :/
ReplyDeleteOsap For the win, for now.
ReplyDeleteYeah getting a credit card was the worst thing i did in college.
ReplyDeleteAWWWWWW YEAAAAAA
ReplyDeleteSCHOLARSHIP BABY
Thank god I studied in high school to avoid all this crap.
Thanks for the advice bro.. ill keep it in mind
ReplyDeleteCredit card companies are evil, debit card all the way.
ReplyDeleteOne thing I've learned is never get in debt, EVER. It's such a terrible experience, becoming debt-free feels like lifting the weight of a car off your shoulders.
ReplyDeleteI've proudly never been in debt
ReplyDeleteYou've put it as well as it can. But some people just don't want to learn.
ReplyDelete