I have always subscribed to the “less is more” camp when it comes to credit cards. When first coming to this forum it’s easy to get caught up in the app hoopla. Seeing all those cards in signatures. Managing them is another story. A few cards with high limits is the best long term strategy to me.
@EdMan63 wrote:I have always subscribed to the “less is more” camp when it comes to credit cards. When first coming to this forum it’s easy to get caught up in the app hoopla. Seeing all those cards in signatures. Managing them is another story. A few cards with high limits is the best long term strategy to me.
I echo that mentality. Less is more in life and that lesson comes with age and experience. Also, it has more ti do with what fits and works for you- especially at the current moment of your journey. 19 cards seems a bit reckless IMO.
@SoCalifornia wrote:
@EdMan63 wrote:I have always subscribed to the “less is more” camp when it comes to credit cards. When first coming to this forum it’s easy to get caught up in the app hoopla. Seeing all those cards in signatures. Managing them is another story. A few cards with high limits is the best long term strategy to me.
I echo that mentality. Less is more in life and that lesson comes with age and experience. Also, it has more ti do with what fits and works for you- especially at the current moment of your journey. 19 cards seems a bit reckless IMO.
Your signature looks like a perfect collection to carry you through life unless Chase drastically nerfs their cards.
@SoCalifornia wrote:
@EdMan63 wrote:I have always subscribed to the “less is more” camp when it comes to credit cards. When first coming to this forum it’s easy to get caught up in the app hoopla. Seeing all those cards in signatures. Managing them is another story. A few cards with high limits is the best long term strategy to me.
I echo that mentality. Less is more in life and that lesson comes with age and experience. Also, it has more ti do with what fits and works for you- especially at the current moment of your journey. 19 cards seems a bit reckless IMO.
So I guess at 32+ Cards, I am out of Control
and there are people on the forum that have a Lot more than that!
it's what ever works best for The Individual, some like it simple, others like to collect.
some have 1 or 2 comic books or Rare coins worth hundreds of thousands,
some have a few hundred worth $5-10K.
Personally I don't Close Cards. if I had sub prime and were getting better, or Annual Fee cards not being Utilized, well then "YES"!
or if I were in My Later Years, and did not care of Having a Thick Profile and a Long Average Age of ALL, 20 years down the road.
it's The Old Saying: If The Shoe Fits, wear it!
All JMHO
@M_Smart007 wrote:
@SoCalifornia wrote:
@EdMan63 wrote:I have always subscribed to the “less is more” camp when it comes to credit cards. When first coming to this forum it’s easy to get caught up in the app hoopla. Seeing all those cards in signatures. Managing them is another story. A few cards with high limits is the best long term strategy to me.
I echo that mentality. Less is more in life and that lesson comes with age and experience. Also, it has more ti do with what fits and works for you- especially at the current moment of your journey. 19 cards seems a bit reckless IMO.
So I guess at 32+ Cards, I am out of Control
and there are people on the forum that have a Lot more than that!
it's what ever works best for The Individual, some like it simple, others like to collect.
some have 1 or 2 comic books or Rare coins worth hundreds of thousands,
some have a few hundred worth $5-10K.
Personally I don't Close Cards. if I had sub prime and were getting better, or Annual Fee cards not being Utilized, well then "YES"!
or if I were in My Later Years, and did not care of Having a Thick Profile and a Long Average Age of ALL, 20 years down the road.
it's The Old Saying: If The Shoe Fits, wear it!
All JMHO
Working on a playing deck, huh agent99 
Yeah, it's all according to your lifestyle. I feel having certain cards during a short time can benefit long-term cards in the meantime.
I can't wait to do the same. I already have a list of cards I'm ready to close, and as I pay off more I'll probably add a few more to that list.
I'm just keeping them all open for right now because they're the only thing helping my utilization.
