STUDENT CREDITS
Student loans refer to “good” debts, since it is true that they are an investment that allows you to earn more money in the future. When we talk about investment, we talk about the fact that student credits to obtain new skills allow you to follow the career you want to climb and reach new positions with higher salaries, dramatically improving your personal and financial life.

INVEST IN PROFESSIONAL EXPENSES
There are expenses that are definitely necessary to achieve some professional goals. Investing in the image is an investment that will indirectly help us with our professional success. Putting money in a new suit for the first day of work or a certification program that allows you to get a promotion can also help you earn more money in the long term.

If you recently graduated or do not have money to buy your new workwear, then it is okay to load it on a credit card with a low interest rate. If you are studying and need some essential elements for the career, such as the architecture or chef who have to buy special utensils, it is also valid to make the investment with a credit card. If you can recover your investment, then it was worth the debt.

You just have to make sure that a large part of your first salary or income is dedicated to paying off the debt so that it disappears quickly and does not become a problem.

HANDLING CREDIT CARDS IN YOUR FAVOR
Credit cards often come with some hard-to-find advantages in other media: protection against identification theft, guarantees, travel insurance, financing, rewards, miles and points. If you can pay your credit card balance each month, then it is possible to get all these benefits for free.

Buying tickets with credit cards helps you save on future purchases with the accumulation of miles, and thus many other “expenses” that can become investments if you make them wisely.

AVOID FALLING IN THE BLACK HOLE
Excessive expenses on credit cards mean high rates and interest rates, and a lot of financial stress. Currently, card companies offer more information on monthly statements, including the time it would take to pay the debt if you make only the minimum payments, or the amount you have to pay to pay off the entire debt in two or three years. Paying attention to numbers can help you avoid falling into a debt trap. See How to buy without spending more

The benefits of the credit card can be many if we use them responsibly. Think of the “expense” on credit as an investment and how you can use it in your favor to improve your personal and economic life, so you can see the advantages of credit cards for your well-being.

If you have heard about Carlos Slim, we recommend you listen to his advice in this article and you will see how the investment has been his best ally. Carlos Slim’s advice to achieve Success

AdminScholarship
STUDENT CREDITS Student loans refer to “good” debts, since it is true that they are an investment that allows you to earn more money in the future. When we talk about investment, we talk about the fact that student credits to obtain new skills allow you to follow the career...