As my husband and I prepare to move into a larger two-bedroom apartment, we are faced with the challenge of furnishing it from scratch, which can be quite expensive. After living in a small one-bedroom for five years with hand-me-down furniture, we want to invest in quality pieces. In our search for budget-friendly options, I consulted certified financial planner Bobbi Rebell about whether to open a store credit card or a rewards credit card. Store credit cards can be beneficial for large purchases, especially if they offer enticing introductory offers like 0% interest for a limited time. They also provide notifications about sales based on purchase history. However, rewards credit cards offer more flexibility, allowing us to earn rewards across various purchases and often come with higher credit limits and lower interest rates. Ultimately, I chose to forgo a store credit card in favor of a cash-back credit card, which will better suit our needs as we furnish our new home.
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