Contributed by Boo Roberts
When I received my first bill for my chase credit card, I was absolutely flabbergasted. After that memorable shopping experience, I had gone from one store to the next, buying whatever struck my fancy. Sadly, I had not realized the golden rule of using a credit card: only purchase what you can afford to pay for. No one else pays your credit card bills for you (unless you have parents who don't mind paying all your bills, which I didn't, I don't think they even knew I had a charge card).
Nope, what I ended up doing to pay my first charge card bill was working a lot of extra hours at my work study job and rolling coins and turning in cans and bottles that I found on campus. The campus never looked better with the trash picked up, I got some good exercise, and I learned a really valuable lesson: a credit card really does mean you need to have money. Credit cards do not take the place of money. You may think they do, but they really don't.