Navigating the world of credit cards can be tricky, but learning from the pros can help you avoid common pitfalls. Three financial experts share practices they never engage in with their credit cards, offering valuable insights for smarter usage. Beverly Harzog advises against cash advances and using credit cards as an emergency fund due to high interest rates and fees. Rod Griffin emphasizes avoiding impulse purchases and always paying off balances in full to dodge interest charges. Bobbi Rebell steers clear of opening too many cards to reduce financial anxiety and avoids closing accounts to maintain a healthy credit utilization ratio. While implementing these practices can significantly improve your financial health, it's also important to remember that mistakes are common and not insurmountable. Developing good credit habits takes time, and learning from missteps is part of the journey. Start small, stay consistent, and your credit health will thank you.
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