All of the following are smart guidelines for college students to follow for using credit cards except:

A. Use a credit card only in emergencies.
B. Pay the balance off every month to avoid paying credit card fees.
C. Maintain only one credit card.
D. Use many different credit cards to keep each balance low.



Answer :

Final answer:

Guidelines for college students on using credit cards effectively.


Explanation:

Smart guidelines for college students to follow for using credit cards:

  1. Use a credit card only in emergencies: It is advisable to reserve credit card usage for unexpected situations.
  2. Pay the balance off every month to avoid paying credit card fees: Clearing the credit card balance monthly helps in avoiding interest charges.
  3. Maintain only one credit card: Having a single credit card can make it easier to manage spending and payments.

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