There are 100s of different credit card in market to chose from. According to data from FRBNY Consumer Credit Panel, there were ~450 million credit cards issued in USA in Q4-2016. There are people that still rely on cash and have no credit cards while there is someone who has gone to an extent to set a Guinness World Record for most credit cards (1,497 to be precise).
Bankruptcy expert Sen. Elizabeth Warren, D-Mass.,recommends a budget where you spend roughly 50% of your after-tax dollars on necessities, 30% on wants, and at least 20% on savings and debt repayment. This plan is very simple to implement and you can use the calculator below to plan your after-tax dollars. Continue reading How to Save Money