Summary
Part III: Days of Our Lives: Leave the brainwashing to Stefano — no matter what the store says, their credit card may be no good for you
The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.
Whether you’d classify your credit habits as young and restless or bold and beautiful, remember that you only have one life to live, and how you use (or abuse) your credit will shape your financial future. Before more time passes like sand through the hourglass, you’d better learn these credit lessons, courtesy of your favorite daytime drama cliches …
     |   |
 Days of Our Lives: NBC Photo/Chris Haston No one can show off their brainwashing skills better than “Days of Our Lives’ ” Stefano. Brainwashing You know that you have way too many cards already, yet when a sales clerk dangles a 15 percent off discount for applying for store credit, your better judgment goes to mush. It’s almost as if — dah, dah, dah! — you’ve been brainwashed by the town’s evil villain! Lesson: Saving a few bucks at the time of purchase can cost you much more in the long run. “Store cards usually carry a high interest rate, so if you don’t plan on paying your bill in full and on time, then just say no,” says author and personal finance expert Catey Hill. “Do not get brainwashed with alluring savings or freebie offers unless you can pay that whole bill off quickly.” On the other hand, store cards that offer discounts or other incentives can be worth it for you if you do pay your bill in full and on time, and there are no or low annual fees, she says. | |
See related:13 greatest credit card songs meld pop, plastic, Money and credit lessons learned from TV, Top 10 Hollywood credit card movies, 8 novels show how credit cards appear in fiction
Editorial Disclaimer
The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.
Join the Discussion
We encourage an active and insightful conversation among our users. Please help us keep our community civil and respectful. For your safety, do not disclose confidential or personal information such as bank account numbers or social security numbers. Anything you post may be disclosed, published, transmitted or reused.
The editorial content on CreditCards.com is not sponsored by any bank or credit card issuer. The journalists in the editorial department are separate from the company’s business operations. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.