for the Love of God
when i was in high school i understood that debt was bad for crying out loud. when i went to college i got a credit card and put anything i could on it, then i would pay it off every month - no fees, no interest, no problems. i use the same practice today only i put more bills on it as well. still pay it off every month and have received TONS of rewards including gift cards, cash, dvds etc.
if people just thought about what they were doing and realized that credit cards are not free money everyone could handle using them and the “cash payers” wouldnt feel so cheated
When I was in high school, we were actually taught about debt, interest rates, balancing a check book, how to write a budget.
This is another example of the failure of public education that the average person doensn’t understand how credit cards work, as the article states they don’t.