Millennials—like any other generation—are wary of a number of things… like cable and sketchy Tinder dates. And, as it turns out, also credit cards.
In fact, a 2016 Bankrate survey found that only 33 percent of 18- to 29-year-olds own a credit card, which is an alarmingly low percentage. As a 24-year-old, I understand why younger adults who are still trying to get a good grasp on their finances are hesitant to really utilize that piece of plastic. After hearing horror stories of how unpaid bills destroyed someone’s credit score and cautionary tales of drowning in debt, how can you blame us?