There's nothing more exciting than using a credit card for the first time. After all, the ability to purchase practically whatever you want (within your spending limit) with a simple piece of plastic can be simply exhilarating. This exhilaration often turns into addiction for many people, however, which is where the dark side of credit cards comes into play.
When used without care, credit cards can often result in huge amounts of debt that are difficult to deal with. This is not to say that they do not have their advantages, however, as credit cards can be extremely beneficial to those who learn how to use them properly. The following are just a few words on the promise and peril of plastic, and how you can use credit cards to your advantage without winding up in a financial black hole.