It has been awhile since I received my first credit card, and I can remember that I was so excited.  In some respects it felt like moment where I joined the club with all the other adults who had credit cards.  Even though I was able to get a credit card, it didn’t mean that I knew how to use it properly.  I quickly racked up a balance on the card and eventually my account was sent to collections.

Even though I was eventually able to clear that up and pay off my debt, I still felt that I was not able to control myself if I had a credit card.  What they really needed was some sort of solution as it is very handy to have a credit card around.

While looking at a credit card ratings website, I found that they had such a thing as prepaid credit cards where I could put a cash balance on the card and I would only be able to spend what I put on it.  This way, I can enjoy the convenience of having a credit card without having the responsibility.  Even though I don’t use it that much, it has made sure the my credit account will never be sent to collections again.