felling like a millionaire

What makes the cards feel like a millionaire is how they look, not how many you have.
Having 4+ cards gets a lot harder to manage and you risk forgetting to pay them every month.
 
What makes the cards feel like a millionaire is how they look, not how many you have.
Having 4+ cards gets a lot harder to manage and you risk forgetting to pay them every month.
but im only paying my bank account 2$ xD, gotta wait few days so that they start working properly since i got them today and can withdraw money from paypal
 
There's no mention there to number of credit cards per income %, or even household income, so I don't really understand why you quoted me with this link.
It's at the top of the article in the second paragraph...

Anyway what it says in the second paragraph is that the average person who cares about credit has about 4 credit cards. That is true in my case. Number of accounts in good standing and length of time are major factors in credit report for credit score.

I think the difference here is OP is talking about bank debit cards.
 
Interesting, my father who is a retired millionaire and has been one since the 80's
has not touched money with his hands in the last decades.

He lets my mother handle all payments. When I asked him why (I was 12 at the time)
he told me: " Money is dirty. "
 
Why would a rich guy even need a credit card?
Because there are benefits to having them:

First, they build your credit score.

Also, most of them have points that accumulate over time and give you free money back or allow you to spend them on things like flights and hotels. For example, with my business credit cards, I have all of my business expenses go on them and then just have it set to auto-pay the entire balance every month when it's due. I accumulate so many points that whenever I have to fly somewhere, the entire flight cost is usually covered in full (so I always fly first-class without it costing me a cent).

Using credit cards intelligently is one of the best and simplest financial "hacks" out there.
 
Another benefit to using a credit card: if your card is stolen or skimmed, it’s not money coming directly from your bank. You can the bank and they’ll remove fraudulent charges right away.

Depending on the card they come with benefits like insurance on rental cars, lost luggage reimbursement, extended warranties, etc.

Buying everything on a credit card and paying the full balance monthly is a smart way to use them. Then you get all the benefits and pay no interest. There are lots of reasons to use a credit card other than not having the money to buy things.
 
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