If your just getting ready to head off to college, chances are you will be getting a multitude of credit card applications mailed to you daily, even preapproved ones. The temptation can be overwhelming, additional cash at your fingertips, WOW !

There’s an article via Lifehacker that details the potential pitfalls and risks associated with credit card debt. Especially for the college grad who has enough debt from student loans, you need to heed the trappings of instant money. Check out the tips and suggestions provided and stop to think before you start down that gruesome road of personal debt.