Do you use a credit card? Do you ever have any debt on it?
Posted by Ken C on January 1, 2026, 11:56 pm
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Dave Ramsey gives some good advice, but he is an anti-credit extremist. The guy in the 2nd video is more reasonable. Credit cards can be very useful when used carefully.
People know they need to be careful when driving a car. It should be the same with credit cards. They are both good powerful tools, but we need to be careful with them.
About 15 years ago I did get into some credit card debt. My debt was about half my annual salary. I was happy when I finally paid it off.
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Message Thread
 Do you use a credit card? Do you ever have any debt on it? - Ken C January 1, 2026, 11:56 pm
- I believe in Ramsey's approach, but I think his presentation is somewhat harsh - BornToFarm January 2, 2026, 9:54 am
- I use a card for everything. I haven't paid interest on a credit card in over 25 years. - KR January 2, 2026, 8:09 am
- Not too much. Only for convenience. And rarely on line. - GOG January 2, 2026, 7:59 am
- Yes, frequently. No, never.
 - 7:77 January 2, 2026, 7:45 am
- Most of the time, but never accumulate debt. Use the "float" - Mugwump January 2, 2026, 6:25 am
- yes - trish January 2, 2026, 4:31 am
- Most people don't cut up and throw away their cars after one car accident, - Ken C January 2, 2026, 12:01 am
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