[UPDATE: DECLINED] Do I need/should I get a credit card? [mid-20s, live with parents, min wage job]
I've been told getting a credit card and using it for small purchases is a good way to build credit.
Is that true no matter the amount? Because after groceries and helping out with bills I have little left. I have no savings at all. I also have a mountain of student loan debt (which I am not making payments on because I don't make enough).
I'm aware of the troubles people get into with credit cards so would it be a good idea for my situation?
Update: So I applied at CIBC, got declined, too much student loans that I haven't begun making payments on.
I was told I can apply once I begin making payments but finding a decent job is months away at minimum.
What are my options?