After paying off around $20,000 in credit card debt six years ago, Shonnita Leslie hasn’t used a credit card since.
“I was more than happy to cut them up,” the 40-year-old tells CNBC Make It.
But she didn’t always feel that way.
Growing up, Leslie’s mom “loathed” credit cards, she says. Leslie began receiving credit card offers in the mail before she turned 18 and recalls her mom saying it was “inappropriate” for someone her age to have one. So, following her mom’s advice, she didn’t sign up for one during college. She worked during summer breaks and saved up money to cover her expenses, she says.
“[My mom] did a good job of making that stick at least until I graduated college,” Leslie says. “Then I kind of went crazy.”
Leslie got…
Read the full article at: https://www.cnbc.com/2024/04/30/millennial-paid-off-credit-card-debt-then-cut-up-cards.html