November 17th, 2011

Review & Giveaway: The Credit Card Manifesto

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credit card manifesto

Are you a credit card-wielding 20-something? If so, then you should check out Martin Dasko’s “The Credit Card Manifesto: Completely Conquer Credit Before You Hit 30.”

Dasko, the mastermind behind the popular personal finance blog, wrote this ebook in hopes of teaching his peers about the ins and outs of credit cards, how they affect your credit score, and how you can tackle credit card debt. Assuming the ebook’s numerous typos don’t bother you, you’ll be rewarded with a plethora of information and practical guidance.

Just the basics

This 62-page guide kicks off with “Life-saving info on credit cards,” which is essentially a run-down of some of the most important things you should know about that little rectangle of plastic. Dasko assumes his audience has minimal knowledge of how credit cards work, and gives helpful advice, such as using credit cards to track spending and purchase protection.

He also mentions that credit cards are the fastest way to build credit, which leads into the next section, “Why should I even care about my credit score?” Each subsequent section begins with a question, which helps guide the reader to the issues he or she is most concerned with.

For instance, if you’ve gotten into some serious debt on your cards, you might want to check out the section, “How can you crush that annoying credit card debt?” If you’re nearly out of credit card debt, but need help with that final debt hurdle, read the section, “What if you’re almost done paying down credit card debt?”

The nitty-gritty

There are two sections in Dasko’s ebook that stand out as particularly unique. The first is “How did I use my credit card for the past 5 years?” In this fifth chapter of the ebook, Dasko emphasizes his personal experience with credit cards, even admitting the mistakes he’s made, such as overspending on credit due to convenience. “It’s much cheaper to learn from someone else’s mistakes,” writes Dasko.

In the ninth chapter, “What do you wish you knew about credit cards many years ago?” Dasko takes the time to talk to “older” (over 40) friends, who share some lessons they’ve learned about credit cards. For instance, one friend wishes he had known the consequences for not repaying credit card debt, while another emphasizes the danger of cash advances, especially the interest involved.

You’ve got homework

Another useful aspect of “The Credit Card Manifesto” is Dasko’s “Mandatory Actions.” He sprinkles actionable pieces of advice throughout his ebook, from setting up an emergency fund to tallying your total credit card debt owed.

Bottom Line: Even though Dasko’s typos might make you cringe, the content provided in “The Credit Card Manifesto” is excellent and the advice is spot-on. So, 20-something, before you apply for your next credit card, consider reading this guide and then find the right credit card for you.

Have a Karmic day,

Bethy Hardeman, Social Media Maven

Want to win a copy of “The Credit Card Manifesto”?

We have the “deluxe” package available to one lucky winner! It includes “The Credit Card Manifesto” ebook as well as Dasko’s guide “Deciding if You Should Rent or Buy in Your 20s.”

All you have to do is “Recommend” this review on Facebook, and then answer the following question in the comments:

“What do you wish you had known about credit cards?”

Leave your response in the comments! We’ll choose our favorites and randomly pick a winner! You have until 6pm PST on Tuesday, Nov. 22..

** “The Credit Card Manifesto: Completely Conquer Credit Before You Hit 30” is available for sale at Studenomics.**

Disclaimer: All information posted to this site was accurate at the time of its initial publication. Efforts have been made to keep the content up to date and accurate. However, Credit Karma does not make any guarantees about the accuracy or completeness of the information provided. For complete details of any products mentioned, visit bank or issuer website.


  1. I wish I did not open so many credit card accounts for their promotional gimmicks and then closed them shortly after since this negatively effects the credit score !!
    I recommend the Credit Card Manifesto review on Credit Karma Blog.

    JOSEPH GREGORIO at 5:30 pm on November 17, 2011
  2. I recently moved to United States.
    This book can help people like me to manage my credit in a better way and to help build up the credit score.
    I have an account on Credit Karma and it is helping me to keep a track of my credit score.

    Pradeep at 7:04 pm on November 17, 2011
  3. I wish I knew how hard it was to rebuild my credit when I was in my early 20’s so I wouldn’t be working so hard now.

    Jason Talley at 11:48 pm on November 17, 2011
  4. I recommend this ebook to ANYONE who has a credit card because it can be the one little piece of plastic that can ruin a life so easily. Dasko takes the time and research into explaining the cons and PROS of having a credit card in an enlightening and humorous way. Definitively an informative read in a not-so-boring way.

    Sammy at 8:43 am on November 18, 2011
  5. I wish i knew that “emergency credit card” really meant emergency.. That peacoat could have waited.. I wish I knew how to budget and to understand, really, how credit cards work.

    patricia at 2:59 pm on November 18, 2011
  6. I wish I knew that minimum payment really did mean the MINIMUM you can pay! I would not be in the position I’m in now, trying to rebuild my credit and raise a family at the same time. They are serious when they say it will take you 10+ years to pay off the balance!

    Kirstin Carley at 5:13 pm on November 18, 2011
  7. I can get interest free cash for up to 2 months. It helps my business a lot!

    Andy Nguyen at 6:23 pm on November 19, 2011
  8. I wish I had known what “revolving” credit really meant, and stopped continuing to charge just as much as I paid on my credit cards!

    Amber Pearce at 6:10 am on November 21, 2011
  9. Seems like we all live the American Dream….thanks to our credit cards:) If we stop dreaming, it’ll have a great effect on everybody in this country….

    Miroslava Garrett at 9:45 am on November 21, 2011
  10. I have to pay them back

    paul orlando at 10:08 am on November 21, 2011
  11. Recommend on FB…I wish I knew how much a late payment effected you score and for SSSSOOOOOOOOO long…things I did in my early twenty’s are still lowering the score even through everything is paid off now. 🙁

    Christina at 10:08 am on November 21, 2011
  12. Wish I knew that payment is due…when payment is due…not just to “make room” for another unnecessary item!

    Lelia at 5:57 pm on November 22, 2011

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