Submitted by RealPrinceJay t3_10qchf8 in personalfinance
I will be blunt, I come from a fortunate family background. My parents have a good amount of money, and are very interested in me building good strong credit now as a young adult. I wouldn't say they're the top 1%, but close to it in terms of income with a lot saved in the bank(my father is old).
I'm going back to graduate school, so getting a job and steady income is possible but not really something I'm thinking about right now. When I read about getting my first credit card with no credit history, I feel like some of the information about "safe" cards and not having a source of income doesn't really apply to my situation.
In order to build a good credit score and get good cards, my parents would financially support me as needed. My daily expenses also aren't that high anyway, so I really never have any fear of not being able to pay for what I'm spending money on using debit only.
My main expenditures at this point are weekly groceries(~$60), the occasional restaurant, and travel(planes and trains). As for entertainment, I go to the movie theater frequently, but that's really it. I don't own a car, I walk or use transit everywhere I go with the rare uber in the mix.
Card recommendations are appreciated, but I'm more so looking for how I should approach researching what card(s) to get
Werewolfdad t1_j6p6ivo wrote
Credit Building: https://www.reddit.com/r/personalfinance/wiki/credit_building
Credit Card Basics: https://www.reddit.com/r/CreditCards/wiki/credit_cards_basics