The leaflets through your door, everyone telling you “you need to get credit to improve credit” leaves a lot of people feeling like they might as well apply for and get as many credit cards as possible. Afterall it’s ‘free money’, right?
However I don’t think the cited benefits of having a number of credit cards give enough benefits to warrant having as many as you possibly can.
In my perfect world no one would have any credit cards. Of course that is an ideal, in a world without credit and without debt of any kind. I know that I have to live outside of that dream world though but still I am conservative when it comes to how many cards I think people should have and that is due to experience.