Did you know nearly of credit card users in the U S only pay the minimum This can lead to a lot of interest and debt It's key to manage your credit cards well to stay financially healthy and improve your credit score We'll look at the habits of top credit card users These habits will help you manage your finances better and get the most from your credit cards Key Takeaways Understanding the basics of credit card usage including statement closing dates and payment due dates Developing a solid foundation of financial literacy to make informed decisions Prioritizing timely and full payments to avoid interest charges and build credit Aligning credit card strategy with personal financial goals whether it's travel rewards or cash back Maintaining reasonable credit limits and monitoring account activity regularly Understand the Basics of Credit Card Usage Learning the basics of credit cards is key to using them wisely It's important to know when statements close and when payments are due This knowledge helps you avoid mistakes and enjoy the benefits of your card Grasp Financial Literacy Fundamentals Good credit card users know the basics of money management They understand you must be to get a card and there's a grace period for payments They also aim to keep their credit use under or even for the best results Know the Difference Between Statement Closing Dates and Payment Due Dates It's vital to know the difference between when statements close and when payments are due The... Login to read full