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Should you own a credit card—or is it better to stay away from one? In this video, Aastha Khurana breaks down how credit cards actually work, when they can become powerful financial tools, and when they turn into expensive traps. From interest-free periods and credit scores to hidden charges, EMIs, and the minimum due illusion, this video explains everything you need to know in simple terms. You’ll also learn how many credit cards you should realistically own and the exact rules to use them without hurting your finances. Time Stamps 00:00 Introduction 01:24 Do you need a Credit Card? 01:25 Advantages of Credit Cards 03:03 Disadvantages of Credit Cards 03:31 Strategies on how to use Credit Cards wisely? 04:30 How many credit cards to own? 06:14 Hidden charges of Credit Cards 07:24 Traps to avoid 08:01 Conclusion Mind Over Market Newsletter: https://zerodhavarsity.substack.com/ Learn more about investing and finance here: https://zerodha.com/varsity/modules/ Other Important Links You can put your stock market knowledge to the test by taking the Varsity Certification test here: https://zerodha.com/varsity/certified/ Social Media Twitter - / zerodhavarsity LinkedIn - / varsity-by-zerodha%c2%ae Instagram - https://www.instagram.com/zerodhavars... Varsity Newsletter - https://zerodhavarsity.substack.com/ Audio Podcast (Spotify) - https://open.spotify.com/show/6tCBkWt... Audio Podcast (Apple) - https://podcasts.apple.com/us/podcast... #analysis #investing #finance #stockmarket #financialeducation #varsity #zerodha #creditcard #creditscore #cibilscore Featured Playlist Beginners Guide to Personal Finance • Mutual Funds Investing: A Step-by-Step Guide