A world where cash is king and credit is queen

Credit Cards have been around for more than 60 years yet a recent study showed Millennials (adults born earlier than 1980) are shying away from the product more than their generational counterparts.  The Great Recession may have left some younger consumers reluctant to rack up charges. In any case, credit cards have their purpose and can be very useful for routine or even at times large family purchases.  However, horror stories of getting buried in credit card debt are all so true.  This article discusses two main reasons for credit card debt and ways to avoid. (Read Full Article)