Why do some people have a lot of cards?

Okay, so you’re wondering why some folks are walking around with, like, a whole stack of credit cards, right? I get it! It always makes me wonder too.

Well, honestly, it’s not always as crazy as it looks. Sometimes, it’s actually kinda smart! See, some people use multiple cards strategically. They spread out their spending, so their credit utilization stays nice and low. Remember, utilization is the amount of credit you’re using compared to your total credit available. Lower utilization = happy credit score! Clever, huh?

But, and this is a BIG but, I’ve totally seen the other side of the coin too. Like, my cousin Sarah? She got approved for, like, five cards in one year because she kept getting those pre-approved offers in the mail. Next thing you know, she’s charging everything and anything. It became a slippery slope and led to a mountain of debt. It wasn’t pretty. Let’s just say her credit report wasn’t exactly thanking her later!

So, really, it all boils down to self-control, doesn’t it? Having a bunch of cards isn’t automatically a good or bad thing. It’s all about how you manage them. Are you disciplined enough to pay them off every month? Or will that extra spending power become too much to handle? That’s the million-dollar question, isn’t it? You have to know yourself and your spending habits. Otherwise, you’re just asking for trouble, and nobody wants that.