Just a quick rant about credit cards. If I could give one piece of advice to any young person, regarding finances, it would be to always pay off your credit cards every month!
What brought this to mind? My Mastercard bill for August. The grand total on it is just under $40 (a very quiet month, for me), but the estimated time to repay this piddly amount, if I make only minimum payments of $10 per month, is 5 MONTHS!
Why do we allow this sort of usury in our society? It's disgusting.
End of rant.