Do I even need credit cards?
I am 26, I have never had a credit card because I have seen them ruin peoples credit.
I try my best to not live beyond my means, and not having a credit card is one of the ways I do that. I save to buy those big items. If I were to get one I am afraid I would buy too much unnecessary stuff and go in debt.
I have thought about getting one though, because I hear its the best way to improve your credit if you use them wisely.
They can also be useful in emergencies I guess.
So this is kind of a multi-part question.
Should I get a credit card?
Being that I have never had one I am guessing I would have a very high interest rate. Plus I don't know how to use them wisely. I am not sure what is the best thing.
So if I should get one, what would be a wise plan to make having one benefit me rather than detriment me?
Also is there a specific kind I should get?