Is it okay to pay the minimum payment on my credit card?

No! You never want to pay just the minimum payment. Ideally you want to keep your balance below 25% of your credit line. So if your credit card has a $5,000 limit and you never want to carry a balance over $1,250. Carry a large balance can drastically lower your credit score. A good tip is to never buy anything on credit you don't already have the money for.