Today I’m guest posting and commenting at the Debt Free Guys. Join me there by following the link below. I’d love to hear your take on this topic.
I often hear people justify their use of credit cards this way, “Well, I pay it off every month so it’s fine.” The implication imbedded in that statement is that they are not really going into debt if they pay the card off at the end of each month. The balance is zero so there is no and never has been any debt.
That mindset could not be more wrong.