I’m not selling Dave Ramsey but ever since I listened to his show I have a different life. I do use a credit card to reserve rooms in hotels, cars etc and to make online purchases but I immediately pay the purchase price for the item.
I can’t imagine being in debt to a credit company save for my mortgage. I hear people say how they are going to cover one card payment with another. That is no way to live.
You're right - it's no way to live. Some will get good judgement by having bad judgement - the lucky ones. Others will repeat mistakes forever. Then again, if there's massive inflation, the borrowers will be the winners...