Its your characterization of people falling into a trap designed for them to fall in as bad with money i take issue with. This opinion can only come from an inability to consider hypothetical situations outside of your particular experience, such as (off the top of my head) an unexpected bill or layoff.
This can not be overcome with “moneysmarts“, unless moneysmarts=having money. Surely if you wanted, you could respond with a hypothetical situation that runs counter to your previous statement?
The smart way I implied using credit is literally only taking the bills you currently pay, pay credit instead and then paying them off with debit a few days later.
If a bill or layoff would financially ruin you on credit like this, it would ruin you even faster without credit.
If you get a decent credit card and that’s literally all you do, your credit score will go up and you can get free airline miles to use on hotels+airplanes. Or get a different card and get some% cash back instead.
Its your characterization of people falling into a trap designed for them to fall in as bad with money i take issue with. This opinion can only come from an inability to consider hypothetical situations outside of your particular experience, such as (off the top of my head) an unexpected bill or layoff.
This can not be overcome with “moneysmarts“, unless moneysmarts=having money. Surely if you wanted, you could respond with a hypothetical situation that runs counter to your previous statement?
The smart way I implied using credit is literally only taking the bills you currently pay, pay credit instead and then paying them off with debit a few days later.
If a bill or layoff would financially ruin you on credit like this, it would ruin you even faster without credit.
If you get a decent credit card and that’s literally all you do, your credit score will go up and you can get free airline miles to use on hotels+airplanes. Or get a different card and get some% cash back instead.
You literally get more for the same money.
Not doing that is bad with money.