I have been reading a lot on credit card lately, and I am applying one which I will elaborate further later. For those who already have a credit card or a few under their belt, you will understand that credit card can work as a double edged sword. If you think you will be out of control when you are on a shopping spree, and if you are the kind of person who will keep spending even though you are unsure of how you are going to finance it in a month time, it is advisable that you keep yourself as far away from credit card as possible, until you learnt the proper way of controlling your own spending habit. The key here is to spend less than you earn. However, if you are like me who will think not twice but thrice about buying something, and able to pay the bill on time, owning a credit card can provide you two main benefits: 1) Building up your credit history. It is very essential to have your credit history built up once you have started working because sooner or later you will ...