In this episode of Think Smart with TMFG, Mike Connon and Senior Financial Advisor at The McClelland Financial Group of Assante Capital Management Ltd., John Iaconetti dive into the often-overlooked complexities of credit cards — a modern financial tool that’s both essential and potentially risky. They unpack the benefits, from building credit history to maximizing rewards, while offering a clear-eyed look at common pitfalls like high interest rates and overspending. You’ll also learn how credit card companies really operate, debunk popular myths about credit utilization, and get practical tips for choosing the right card to fit your lifestyle and financial goals.