Don't. Not for one moment. The only time you want a credit card is if you have an investment that will roll out more than the card takes-and at that point you'll want to use your own money if you have it.

I personally only ever use a credit card when I already have the money, or am 100% sure I will have the money before the ~21 days you have to pay it off without interest. Build credit this way.

>>339
Thanks, I guess. I do have money, and I just want to funnel it through a card.

>>341
Credit-building is the idea, yes. And rewards.

If you get the Discover IT card you get 5% back on online purchases next quarter.

It's a loan, so like any loan, be smart with it.

It can be as useful as any loan, especially since it's instant, and it's protected and insured by the bank and credit company.

Citibank is my favorite by far, new cards now have I think a 21 month intro period for interest, if you have enough to pay off the limit or hell even half of it while having an income, generalizing be damned it's practically a free loan.

>>345
This. It's pretty much the most lethal financial instrument but, hey, some of us enjoy playing with cocaine and heroin too. And you can actually be smart with it if you actually bother playing your cards right. Just don't get only useless shit or treat it like free money. Try to get that shit paid off as fast as possible and treat it like getting a loan from some Italian you met at a bar who spends way too much time talking about how heavy a limp body can be.

Unfortunately we're trapped in credit/perpetual debt but, as the saying goes, you need money to make money. Shit at this point I would've fucking shot a guy just to get the liquid capital to drop into BTC or gold or damn near anything when I knew shit was going to tank or not. Which means this time I've got no choice but to ignore everybody, take their advice through my filters, and just do what I will. Remember how I told you to invest in gold? Remember how it doubled a few weeks later? Yeah fuck you shitheads because sadly I may actually be smarter than you people.

I just need to do this like a small business loan I happened to get off a street corner.

Speaking of which, should I, hopefully, manage to get my shit in order, are we expecting the cryptocurrency crash yet/if at all? I don't want to wind up with a cool 10K liquid and drop it into something like lite only to watch the goddamn thing tank.

Also as a general rule, we are (hopefully) not faggot mundanes and investment bankers. Screw these sons of bitches. I'm watching all these things go from underground to shitstorm over the years. Even dumb shit like caffeine in 4Loko, or Salvia, and while Bitcoin actually got a boost from publicity there was a tense moment there. So let's just keep things quiet. We lost SR. Dipshits joe public is why we can't have nice things.

Sorry half that belonged in /raeg/ but whatever.

tl;dr just manage your fucking credit and pay it off on time, don't count chicks till they hatch thinking oh I'll be making enough money later, and just manage the goddamn things. Small business loans, leasing, car loans, mortgages, student loans, unfortunately we need such shit. So, assuming you're not trailer idiots maxing out cards until you can't even pay the interest, it'd be a good idea because you can also build a healthy credit rating.

Just don't be a Jamal or Cletus and trash it.

>>361
To clarify, "you people" was in no way a reference to anyone here. It was more general displeasure with trying to advise people I know IRL who promptly ignore me.

I also asked my friend's parents why they didn't just max out their cards before declaring bankruptcy. They looked at me like "why the fuck didn't we think of that?"

Maybe I do think like a dishonest capitalist sometimes, just so long as I'm not fucking my customers but everybody else.

How do these rewards work? I always saw them as a sort of useless snare where to get some crappy ass stereo that's worth like $80 you'd need t0 rack up $10k in debt first.

''Credit is only something you need if you're not going to die tomorrow'' - from the goldman sachs elevator gossip twitter which is, by the way, incredibly motivational.

>>393
Yeah, that was too bad. Some of the shit they said to each other was just too perfect.

Keep your computer secure, that's the easiest way to lose money quick nowadays. Check on your accounts regularly, generally a month is the longest that you might be excused from responsibility, but a lot of terms of use now say if you get hacked its on you