Your credit history report is important. When you need to make a large purchase like a car or home, getting easily approved for a loan with a low interest rate depends on how strong your credit is.

Sure, it’s easy to get into trouble with credit cards, but using them responsibly can be a relatively easy way to build good credit. But what is the ideal number of credit cards to own? While an ideal amount varies from consumer to consumer, there are a couple of things to keep in mind when deciding exactly how much credit you should maintain.