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To: whd23
No, Ramsy wouldn't consider that irresponsible.

What he would be against is carrying over the debt.

Few people have the self-discipline to payoff their credit card debt each month.

91 posted on 03/03/2011 9:56:11 AM PST by fortheDeclaration (When the wicked beareth rule, the people mourn (Pr.29:2))
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To: fortheDeclaration
Actually, I believe Dave would call that "irresponsible." Read Dave's own words.

Responsible use of a credit card does not exist. Credit card debt is a major problem in America. There is no positive side to credit card use.

He then goes on to say: "You will spend more if you use a credit card" and "When you pay cash, you can 'feel' the money leaving you."

Again, this is Dave projecting his problems with credit cards to the population as a whole. Since my family is disciplined to pay off the card each month (with the up-thread mentioned exception of when we deliberately used it as a 'bridge loan' for new home renovation because it was cheaper & faster than any available HELOC) when we use the card it's emotionally the same as using cash since we know that we're going to be writing a check to pay that purchase off when the current billing cycle closes.

Dave's one-size-fits-all advice doesn't. Treating people like children instead of educating them is the wrong way to go, in my opinion.

95 posted on 03/03/2011 10:07:42 AM PST by whd23 (Every time a link is de-blogged an angel gets its wings.)
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