credit, how does it work Options

[Toyoca]

I just got an amex credit card. im new to having my own credit card. always went through my parents card (but it had my name on it w/e that means). i just got it cause i wanted to start building my credit. i dont completely know what that entails but i got one anyway lol. i basically just figured to get a car or house in the future i need credit so ppl will approve me. so is credit just using your card and paying bills on time? and if you do, you get a good credit score? is that basically it.

btw i got credit $2000. that sounds like a large amount to me given that i dont have that much a month lol. esp since i dont work right now. but sounds good to me lol. i just found it interesting cause my friends all started out with around 500 and i clearly didnt lol.

[confucious]

in regards to building your credit, buy something nice but not completely out of your range. if you have 500 saved up buy something worth 500-800. then, if your payment is say 40, pay 60. paying it off right away doesn't build credit as much as paying it monthly. each month you successfully make a payment, you get a mark on your credit as OK. Keep making these for about 3-5 years you'll be in good shape when its time to get a house.