The danger with credit is when people don't understand what it is. I pay for everything with a CC and never carry a balance if there is interest. With the cash back I get free money every year. If you are the type of person that will pay the minimum balance, scratch that, can't pay off the closing statement in full stay away from credit cards.
Food for thought... Thanks for sharing your story!
Glad you enjoyed it!
The danger with credit is when people don't understand what it is. I pay for everything with a CC and never carry a balance if there is interest. With the cash back I get free money every year. If you are the type of person that will pay the minimum balance, scratch that, can't pay off the closing statement in full stay away from credit cards.
Spot on! Thanks for watching.