The best credit cards for young adults are those that reward you most for how you spend your money. If you like to travel, choose a card that offers airline miles or hotel points and provides benefits like upgrades, waived fees, and other perks. For foodies, find a credit card that will earn extra rewards or cash back when you go out to eat.

Additionally, you want to avoid paying big fees for benefits that you aren’t going to use. Some high-end credit cards offer amazing perks, but if you’re not in a position to use them, you’re just wasting your money. A credit card with no annual fee or one that is less than $100 per year is perfect for most people.

The average consumer may have 3 credit cards, but if you’re really into travel rewards like I am, you may have applied for more than 3 credit cards just in the last 90 days. When people ask me “how many credit cards should I have,” I reply that it depends on your situation. Let’s look at the pros and cons of having multiple credit cards to help you determine the right number of credit cards for you.

To increase your credit score, you want to focus on what you can change the quickest. Credit utilization is the second largest factor in your credit score. And it is the one you have the most control over on a monthly basis. Simply put, the lower your balances versus the amount of credit you have, the better your score will be. We’re going to discuss everything you need to know to increase your credit score by controlling your credit utilization rate.

It’s that time of year where everyone is talking about the goals they plan to set for the new year. There’s a lot of talk about getting to the gym more and eating less junk food

While all this is well and good there is a three-digit number that may be getting sadly ignored. Not your weight. Your credit score. While you are going to want to keep that number on the scale low you are going to want to get that credit score to gain as much as possible.

Missing a credit card payment is not something to take lightly. Whether you truly can’t afford to make the payment or you simply forgot about it, the financial consequences can be pretty hefty.

We’ve said it before and we’ll say it again: Your credit score is one of your most valuable assets and you should nurture it and protect it. You want a healthy credit score to help you accomplish all of your life goals, including getting a mortgage or car loan (with reasonable interest rates) or passing a potential employer or landlord’s background check.

You also want a high credit score so you can fully participate in the lucrative hobby of collecting frequent flyer miles, hotel loyalty program points, or bank points (such as American Express Membership Rewards, Chase Ultimate Rewards, or Citi ThankYou points).

Credit card companies will typically increase the maximum amount of money they will let you borrow over time, particularly if you have good credit. But what if you want a higher credit limit before they offer it to you? Is there a good way to increase your credit and is it a good idea? Let’s find out.