There’s a lot of information out there about credit cards, how to use them and the long-term effects of mismanaging your credit. And while it may seem like credit cards are a confusing world of temporary promotions followed by mounting interest rates and impossible-to-pay-off balances, there are some advantages to having credit cards.

Many credit card companies have begun offering credit cards geared to students. These cards have low limits, no introductory fee and low annual percentage rates for a select time, so you get the perks of the card, plus you are building your credit history. These cards are very appealing because the immediate terms are great, particularly if you can pay off your balance in full on a monthly basis or within the confines of the time limit advertised in the promotional offer.

But this is often not the case with credit cards, so if you’re a teen considering your first credit card, here are a few things to consider:

How will you use this credit card? Most people apply for a credit card under the notion that they will use the card for emergency situations such as paying for an unexpected car repair; however, this plan is rarely followed as the temptation to use the credit card on unnecessary expenses often prevails.

How you will make payments on the card? If you are relying on an allowance or you have a job, make sure your income is more than what is owed on your credit card.