With so many credit cards out there, all offering different kinds of rewards and bonuses, a lot of people wonder how many credit cards they should have.
There is no single answer that fits all people. The number of credit cards that you should have depends on your spending habits, personal preferences, and your goals.
One thing to keep in mind is that you should not have a credit card if you have trouble with spending more than you can afford to. Credit cards charge incredibly high-interest rates, so carrying a balance will cost you a lot of money over time.
You should only use a credit card if you’re able to stick to your budget.
Read more at InvestmentZen.