Credit cards are easy way to bankrupt? I bet - no!

Credit card is not necessery, contrary to popular beliefs. It's perfectly possible to pay and be paid without using credit cards. Sometimes is really hard to handle credit cards and their proper usage. Some people just go to deep and spend all the money they got on their credit cards. Also, I shouldn't mention that is almost impossible to pay for stuff without credit card. Credit card is must if you want to purchase online. Depending of your financial situations credit card may be advantage or loss for you.

Credit is great way to track your money.

You might ask how come?

Well, by having Credit Card you automatically have an online bank account. There you can go and check purchase and where do you spend your money.

Most of credit cars are really cheap and fees are like only 2-5$ a month.

But you should know that buying online is very cheap.

Also you can limit the money you are spending. For example you can put limitation how much you can spend. And every time you reach a limit, you simply can't spend money but also you are sure you won't spend money because your money is in bank so you can physically take it unless you go to bank and take it. Practically you have the money - but you can't spend it.

Why ?

Because you are saving money and saving is good. You shouldn't be skimpy but you shouldn't be wastrel and spender.

How to be a student without debts?

As you know, many of students go in debts, time by time. Many of them live on very small budget, enough for food and basic needs. But about 10% of them fail in that, spend their money and later literally beg for a bus ticket.

I will show you some of the ways how to be a good student without debts! First, lets start from food. Food takes a lot of money, specially if you are a gourmet. I would to recommened to you to eliminate cappuccino and instead of that drink a some regular, cheaper coffee.
 Buy buy sandwich, buy a bread (or make it), buy ingredients and make your own!

Use coupons and you will save some money too. Don't buy bottled watter if is not needed. Don't buy juices oftenly, drink watter instead, you will get used to.

Try to not spend much. Spend wisely. Don't go out a lot. Also you can take in consideration working when you have free time. Most of students work when they have time. You could work as waiter or wash cars. It's not best job on the world, but hey, money is money.

Debit Or Secured Credit Card? Choice Is Yours.

In my humble opinion, too many USA citizens are still without credit or debit cards.  Under those consumers are those which do not own credit cards, savings or checking accounts and the reason they don’t own these things is usually because of those reasons:

    Their bank is too poor to obtain even a one very simple deposit.
    For whatever reason they decide, they choose to own any kind of bank or credit account and pay for everything in cash actually.

If you don't have credit or debit card because of poor credit, the smart play would be to apply for a secured credit card.  Secured credit cards is a type of card where is required a deposit up front which is equal to your credit limit, then works as a normal credit card.  Should you default on your agreement, the bank has your deposit as collateral so they’re covered and your problem should be solved.

The benefit of owning a one of those secure credit card comes in building credit.  Unlike other cards like prepaid debit cards, secured credit cards report to the three major credit bureaus and will help improve your credit card score.  After time, many secured credit cards allow you to change your account to an unsecured credit card and will subsequently refund your deposits you own on that card.

And if you don't have a credit card because you choosen so, then a prepaid card is a better fit for your wallet.  Cash doesn’t work everywhere, as paying for things like utilities and airline tickets must usually be done online or with a credit card, you probably already know that if you fly a lot.  Prepaid debit cards are a great way to stay out of the grid while having a payment method for non-cash purchases and other purchases where you can't buy or pay with cash.  The best prepaid debit cards can offer almost no fees and free ways to add money but the worst prepaid cards can be wallet sucks.  Make sure to review all of the best choices before you choose one of those credit cars.

Protecting your banking and Credit Card informations

In the first place, we are talking about protecting and securing our informations online. Informations could be stored at our own computer or somewhere on the internet. I will show you the ways how to protect your bank and credit card informations and how to use them properly!

In the first place you should install an antivirus software. Antivirus software helps to you keep your computer clean from malware and other malicious softwares that could steal your informations. You can use free or paid versions of them. Probably you would use some free version. Here are good free softwares to keep your computer safe and clean from viruses:

http://www.avast.com/free-antivirus-download
http://www.avira.com/en/avira-free-antivirus

or try this one free from Microsoft if is your Windows copy genuine:

http://www.microsoft.com/en-us/security_essentials

If you want to use paid versions I would to recommened to you ESET software:

http://www.eset.com/us/home/smart-security

Price is about 50$ yearly, depending if you are personal user or company.


Okay that was the first step. After you installed your antivirus software you should install a firewall. Firewall is a software that helps to you protect your computer from unwanted access.

You could try these 2 free firewall softwares:

http://www.zonealarm.com/security/en-us/zonealarm-pc-security-free-firewall.htm
http://personalfirewall.comodo.com/

Next step is about setuping your passwords. How to make a good and strong password? Never use complete words for your passwords. Its recommened to use upper case letters and numbers too. You can use special characters too. Example of a good password is jNs78abG77 or nHg88)4/a. Bad password is iloveyou or password123.


Its recommened to write these passwords down on a paper and not save them on your computer. I wouldn't recommened only remembering them, write them down on a paper or in a notes!

Also good software for keeping passwords is a KeePass:

http://keepass.info/

Also, be aware of phising emails. How to recognize a phising email? Phising email is a, for example, email that ask you to update your PayPal informations or add a credit card. How to be aware of them? Well, never open emails that are received in your Junk folder. Also, when you click at link allways check URL in the URL bar. It must be:

www.paypal.com

and not something like:

www.paypal123.1001mb.com

If you are paying online and using credit card of paypal to pay, allways check reputation of website using Google. For example go to google and type "Godaddy.com credit card safe" or "Is Godaddy safe"

If you are unsure about it, I would to recommened to you typing URL of your online banks in URL browser.
Also, if you think your PC was infected, immediately change passwords and scan your computer at malwares using Malware Bytes. You can download it here:

http://www.malwarebytes.org/

Also, update your browser and system oftenly.

I hope this helped to keep your bank and credit card informations safe.