Owning a credit card

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They aren't quite the same but they are related. The balance can affect your credit-score Paying the balance every mouth & staying a ways under your limit makes your score better if the cards are being used regularly instead of maxing it out & only making the minimum payment.. Employers might be able to look at debt/balance to

i will stick to my debit card than you
financials seem to slip through my fingers for anything but a fleeting glace so to worry about the interests and +/- balance and all would make me crazy.

I was a little worried about that at 1st to. I never had a debit-card. I wanted a credit-card instead because I figured I could use it just like a debit or check & build up good credit by not keeping a balance. I only spent what I already had the money to at 1st. It was also very handy when my income was fluctuating because I was working & couldn't have more than two thousand saved due to SSI; have to be extremely careful when you don't' currently have the money in checking; don't want to get charged interest

1st card I had with a secured one through my bank. I got it because I couldn't get a nonsecured one because I had no credit experience & only had SSI then. They locked about $700 in my savings for a $500 limit. Canceled it after I started working & got the Amazon card; I didn't want to keep the money locked in. I have a high limit on Amazon because I requested limit increases a lot. When I was working a lot of over-time or after getting a raise; I would estimate my last months pay & multiply it by 12; I pretended I was making that every mouth. If the credit company checked my income to verify; they probably assumed I had gotten raises. Limit increase request were only small amounts at a time & I had never kept a balance on it till I ran up that debt a couple years ago.

Steadily raising the credit limit, especially on secured cards is very standard and is not based on them periodically verifying your income (which they don't do). This is why I made it clear that I am not an expert in the financial field because I am no longer working professionally as an advisor. There's a lot of misinformation happening in this thread and, unfortunately, it's gathering more attention than the sound advice. At this point, I'd strongly recommend the OP ignore WrongPlanet in favor of reading articles on financial websites, advisor blogs and even about.com. This is not the place to get information about money.