Student Credit Card and Credit Education Blog

As Little Miss Platinum I enjoy taking my plastic to the mall just as much as all of you do.  All of us twenty-something girls probably first discovered our love for the mall and shopping while playing Mall Madness at slumber parties. The goal of this game was to be the first player to buy six items on your shopping list and get back to the parking lot. Each player received their own credit card which made purchasing items a piece of cake.

However, that was just a game and in real life we usually have to think twice before swiping a credit card.  Credit cards are great when they are used responsibly, but as Mall Madness taught us as kids, the plastic has to be backed up with cash. This is the time of year when we tend to start shopping a lot. Between Christmas presents and new outfits for holiday parties having a credit card can lead to a lot of damage. Damage can lead to having to improve your credit score.

Over the years I have learned this the hard way. I have made purchases with credit that I could not back up with cash. However, I now consider myself to be a responsible shopper.  Little Miss Platinum’s shopping advice is this:

1: Never spend more that what you already have in the bank.

2: Do not be fooled by this evil four letter word: SALE. If something is on sale it is not automatically a justified purchase.

3: Before you make a purchase think about whether or not the item is a need or a want.

4: If you are unsure about an item do not be afraid to think about it for a few days because, unlike the game, making a purchase is not a race.

ScholarshipPoints Bonus Code: MALLMADNESS