Know When to Cancel Your Credit Card

Canceling a credit card can tank your credit score faster than a bad investment — just ask anyone who's made that mistake! If you’re sitting on a card with a $0 balance and no annual fee, keep it forever. It’s like a safety net for your credit utilization. But if you’re paying a ridiculous $95 annual fee for a card you hardly use, it’s time to cut ties. You’re not a bank’s ATM, so don’t let them bleed you dry! And don’t forget, if you’re carrying debt with a high APR, focus on paying that down first. Your credit score is important, but so is your wallet! Fight me in the comments on whether you think it's worth it to keep cards longer!