I turn 18 in less than a month.
I know it sounds like a bad idea but my 9th grade teacher gave me some good advice a couple years ago. He said don’t spend money I don’t have. Don’t spend more than 30% of your limit but spend over 10% so you can build your credit score and always pay it back on time or early. now with this advice i should be able to build good credit and not ruin my life with debt. i understand that its not free money and I wont be stupid. now with that said I have an idea for my first card.
The apple master-card. now i like this option because theirs no annual fees or late fees but theirs still interest(bad) and benefit’s like cash back(good) which i feel like is a good way to build my credit.
Found out apple master-card isn’t available in canada. I would appreciate recommendations if their are any other similar cards.
I would also like it if i could get recommendations for other cards.