Three ways to use credit cards as credit builders (1:32)

Video Summary: 

Building credit is an important part of reaching life’s financial goals. Here’s how to make sure your spending habits aren’t hurting your buying power.

Narrator:
How many credit cards are in your wallet right now?

Male:
I have two.

Female:
I have…two.

Female:
Three.

Male:
Yeah…I have a credit card. But, I try not to use it.

Male:
Well…that’s…not good for them! [Laughs]

Female:
It’s rough.

Female:
I don’t even know that much about credit at all.

Female:
And then my credit card, I just do, it depends on what the purchase is like, but all of my bills, like my rent, my car insurance—everything comes out of my checking account.

Female:
Well, I use the other one every now and then just to keep it running so it’s not just sitting idle.

Female:
We pay all of our credit cards, like, the minute they come in.

Female:
I don’t know…if you have bad credit, you’re really not going far, so! [Laughs]