If most of us are truly honest about our financial health, we would have to say that we are often far less in control of our situation than we would like. Late payments happen to everyone in the face of particular life circumstances - medical expenses, loss of a job, a life changing event, to name a few. Life gets busy and it’s very easy to simply turn our heads and ignore what may be going on with our finances. But it always catches up with us; and those choices to which we may have given very little thought could have huge ramifications on our financial future.

Some of the ways in which we can take back control is simply by paying attention – reigning in our spending, writing out a realistic budget, getting a free credit report, and consolidating debt into lower interest rate loans that give us some room to breathe.

But when it comes to credit cards, there often needs to be a reeducation of sorts. We are a society hooked on credit cards and there are few of us who do not have dozens of cards in our wallets even as we speak. In order to get a handle on spending and reclaim our financial health, it often makes sense to pare down credit cards to one – or two at maximum – that have the lowest interest rates and will suit our needs most appropriately without damaging our credit. In order to make sure that we have the cards that we need – and get rid of the cards that we don’t – it is helpful to compare credit cards fastidiously.

With the Internet at our disposal, of course, we are able to compare credit cards much more conveniently than ever before. Some reputable websites allow us to seek those cards that have the lowest interest rates for which we can qualify, those cards that offer the lowest fees, and even those cards that offer extras such as airline miles and cash back rewards.

To compare credit cards means to become fully engaged and participatory in our own financial process; and by taking an interest we are taking control of our current state as well as our financial future.

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