Life styles are what make people unique. The way we wear our hair, the type of clothing and fashion we prefer, and the selection of decorations within our homes all makes up an individuals style. The type of credit card we choose, and how we use it is also part of our individual “financial style”.
As people grow from children to adults, they often are seen imitating what they see their parents and close circle of friends doing. Just walk through the halls of any middle school, and listen to how certain groups talk and look- its almost as if they have their own mini-cultures! Children often learn how to handle (or not) their finances by watching their parents or caretakers deal with finances. If the parents spend money like water, the children will probably grow to do the same. On the other hand, if the parents were careful with their finances, paid every bill on time, discussed money matters with the children, then chances are- the children will become adults who have very few credit cards and do not carry a revolving balance from one month to the next.
Regardless of your personal credit card style and habits, it never hurts to be reminded of the most...
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