Charge groceries and routine expenses to build credit, keep your balance below 30% of your limit, and pay it off monthly to avoid interest. Set up automatic payments so you never miss a due date.
If you're using your first credit card like this, then you're doing it wrong. Here's how to use it properly. When you go on your weekly shopping, you're going to put your groceries all on your credit card. This will boost your credit score, making it easier for you to buy a new investment property. In the future. You want to make sure to use no more than 30% of your available credit, because if you do use more than 30%, your credit score drops. You also want to make sure to pay your credit off in full each month so you don't pay interest. You will forget to pay them from time to time, so make sure you put all your cards on autopay to avoid that. Follow me for more credit hacks.
