Six Pieces Of Life Advice For Our 20-Year-Old Selves A Decade Later

From: Queerty

3. 

Go easy on the credit cards

Just because your bank gave you a $5000 credit limit doesn’t mean you actually have to spend it. Remember, it’s credit. Which means you’re borrowing it. Which means you have to pay it back. With interest. And that shit adds up fast. Think of it like this: The average interest rate on a credit card right now is around 15 percent. So every time you make a purchase with your Visa, mentally tack on your interest rate to the bill. That crappy Zara faux leather jacket might seem like a steal at $100, but not so much at $115, compounding monthly interest until it gets paid off or simply abandoned and your credit ruined for seven years.