Don’t have multiple credit cards

Do you know how in mob movies you see all the characters reaching out their pockets for cash? In reality, everybody has nowadays a card where they keep all their money. But there’s a trick here worth learning: it’s not such a good idea to have multiple cards.

A recent study by U.S. News and World Report has shown that only 8 percent of rich and financially stable people use more than just one card, while 77 percent of poor people have more cards. Why is this a bad idea?

The math is quite simple: the more open accounts you possess, the more fees you have to worry about. So why open more than just one bank account, when you can save yourself the trouble?

Next, say goodbye to buying…..