I think one rule for credit cards is all you need. Don't use your credit card if you don't have money to pay for it. Once you start working in the real world, it's a bit different because of having a stable income and what not.

CreationX is on campus and accepts meal cards (From your basic or flex accounts). Gino's Pizza is JUST off campus, right across the road and accept meal card (from your freedom account).

Oh right, I forgot about basilique. Here's the link:

http://hospitality.mcmaster. ca/locations/offcampus.html

If you click on Locations -> on-campus, you can get a list of all the on-campus locations.

Originally Posted by jhan523

I think one rule for credit cards is all you need. Don't use your credit card if you don't have money to pay for it. Once you start working in the real world, it's a bit different because of having a stable income and what not.

CreationX is on campus and accepts meal cards (From your basic or flex accounts). Gino's Pizza is JUST off campus, right across the road and accept meal card (from your freedom account).

I read this rule somewhere else too

Originally Posted by Afzal

I would need to get short lessons about how to use/not use a credit card, any sites you suggest?

The article I hyperlinked earlier explains a lot of things students do (and shouldn't): http://talentegg.ca/incubator/tag/credit-cards/ . There are some other articles within the article you can check out too.

checked it already and bookmarked

actually, that is the site I read that advice

Originally Posted by jhan523

I think one rule for credit cards is all you need. Don't use your credit card if you don't have money to pay for it. Once you start working in the real world, it's a bit different because of having a stable income and what not.

CreationX is on campus and accepts meal cards (From your basic or flex accounts). Gino's Pizza is JUST off campus, right across the road and accept meal card (from your freedom account).

but i say if u have the money to pay it off then use the credit card. u'll start to build ur credit rating from the get-go. it'll come in handy in the future. use it and then pay it off rite away, thats the way to go.

Originally Posted by Lizliz

but i say if u have the money to pay it off then use the credit card. u'll start to build ur credit rating from the get-go. it'll come in handy in the future. use it and then pay it off rite away, thats the way to go.

That's exactly what I said... o.O

Originally Posted by huzaifa47

Well for one they wouldn't initially give you a credit card! Even with a guarantor I wasn't given one by TD. But I personally would avoid Credit Cards until it is completely neccesary, people can reaaally lose control!

The Bank of Nova Scotia will give students a credit card if they approve their guarantor. http://www.scotiabank.com/cda/conten...IDen,00. html I do think that a credit card is a good idea if a person uses it with incredible discretion and care, ie, only uses it if completely necessary, and pays it off completely when the bill comes. Building a credit rating is a good idea.

I also think that some people aren't able to handle this kind of financial responsibility (regardless of their age and stage in life!!!) and should avoid them at all costs, but for many people they can be a very useful tool Knowing one's self and being honest is really important when deciding what to do.