4. Slice up your plastic
Many people have a habit of keeping multiple credit cards. This can be detrimental for your financial future and can even reduce your credit score over time with outstanding debts. Also, it would be difficult for you to take an auto loan or a mortgage in your future. We know it’s tempting to go after cards which offer exciting perks. But, try to avoid this and cut up on the number of cards you own. The ideal number of credit cards that you should own, as decided upon by credit experts, is two.