If you have one penny in credit card debt you are an economic moron and your silly opinion on economic matters is worth the same as a roll of used toilet paper.
How much credit card debt do you have?
Zero.
If you have one penny in credit card debt you are an economic moron and your silly opinion on economic matters is worth the same as a roll of used toilet paper.
The notion that someone might carry credit card debt for legitimate reasons appears to be beyond your understanding. Having said that, I'll stack my "silly opinion on economic matters" up against anyone else's on this site.
I know you were speaking to Alberta's Child, but here's how I use "credit cards."
I ALWAYS take advantage of long term, zero interest, no up front fee, credit card offers for large purchases (I probably get a dozen or so a week in the mail.)
We needed a new piano, I bought it on a zero interest credit card. We had money available to pay for it, but why use our money when a credit card company is willing to give me money for 12 months free, and I can leave my liquid assets invested. I just pay the credit card off by the end of the assigned period.
We decided to buy a generator before hurricane season, signed up for a Home Depot card, got 10 percent off, zero interest for 6 months, and paid it off in the six months.
Same goes when I have any large expenditure. I just take advantage of one of the credit card offers, even though I have the cash to pay for it.
Credit cards aren't a bad thing, you just have to use them so they pay you, and you don't pay them.