this post was submitted on 28 Apr 2025
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Never get a credit card with a limit higher than a single average paycheque. Treat it like a debit card that's accepted for things that don't accept debit cards like certain hotels. If you don't have the cash in your bank account so that you can immediately pay it off in full within minutes of making a purchase, don't use it. Immediately trash all offers for increased limits. You do not want to go down the credit card debt rabbit hole. It's fun for awhile, and then suddenly you're sending half your take-home pay in interest alone to the bank.
100% this. Credit card debt is a fuck
Nah you should accept the increase just don’t use it. Keeps your usage percentage low which helps your credit score