There will be many times throughout your life when you are thinking about applying for a new credit card. Every time that we get into a financial pickle, we consider credit as a way to get ourselves out of trouble. Sometimes it’s a bad idea to accumulate more debt. However, there are four times in life when you may think that you should apply for a credit card and you’ll actually be right.

These are the four times of life when you should go ahead and make the application:

1. Entering adulthood. You have to start establishing credit as soon as you’re old enough.
2. Entering professional life. There’s a transitional period between when you start your career and when you make enough money to support your lifestyle so get a good card when you’re first starting out.
3. Mid-life. As you get older and have established credit, you’ll want to get better credit cards. Rewards cards, business credit cards and other cards with benefits are a good application to file at this stage of life.
4. After a divorce or bankruptcy. When you experience something that weakens your credit, you need to start rebuilding it. Look at bad credit credit cards as a good application at this time.

You can get credit cards at any time of life but it’s at these four stages that you can be almost guaranteed that doing so is a good decision.

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