Millennials Aren’t Using Credits Cards

Millennials Aren’t Using Credits Cards

If you were born sometime in the 80’s and your current age is between the mid-20s to mid-30s, you can call yourself a millennial, or what some people call the Generation Y. According to Deloitte Consulting Group, millennials describe themselves as goal-oriented, realistic, determined, tech-savvy and lifestyle-driven. These are the very same words we can use to describe about millennials and their finances.

According to CNBC Money, millennials are far better at handling their finances than their parents, the baby boomers. This is in line with the survey conducted by Charles Schwab which reveals that millennials are keener to creating a […] Read more

Do You Really Need a Credit Card?

Do You Really Need a Credit Card?

Using a credit card is a matter hot debate for many people. Some would claim that using the credit card could leave users deep into debt which in turn deters them from achieving their financial goals. On the other side, people argue that credit cards help in building the credit history which is instrumental for future financing opportunities like getting a home or new car.

If you don’t own a credit card yet, you might wonder if you need one. The truth is, we all have different stances when it comes to credit cards. And how you determine whether you need […] Read more