Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Explore our Q&A platform to find reliable answers from a wide range of experts in different fields. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

All of the following are smart guidelines for college students to follow for
using credit cards except
A. maintain only one credit card.
B. use many different credit cards to keep each balance low.
C. use a credit card only in emergencies.
D. pay the balance off every month to avoid paying credit card fees.

Sagot :

GinnyAnswer

Final answer:

College students should follow smart guidelines for credit card use, including maintaining only one card, avoiding multiple cards to keep balances low, using it in emergencies, and paying off the balance monthly.


Explanation:

Credit card guidelines for college students:

  1. Maintain only one credit card: Having multiple cards can lead to overspending.
  2. Avoid using many different credit cards: Keeping balances low is crucial for financial stability.
  3. Use a credit card in emergencies: Having a specific purpose for its use can prevent unnecessary debt.
  4. Pay the balance off every month: This helps avoid accumulating debt and paying high fees.

Learn more about Credit card guidelines for college students

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.