Personal finance is 80% behavior. You do not build wealth with credit cards. Use common sense. When you play with a multi-billion dollar industry and you think you’re going to win at their game, you are naive. You cannot beat the credit card companies.
Did I say my persoal finance behavior had changed...no.
I buy what I would normally buy, I just put it on a rewards card. Gas, groceries, normal things we buy. I have money in the bank to cover my purchases, so I pay them off at the end of the month...no interest. But because of the rewards points, I don’t have to pay for Christmas presents (I use the points for that)....don’t pay for vacations (use the points for airline tickets, hotels, etc.)
I haven’t spent anymore money using the credit cards, I’ve actually saved money...by getting reward points. If you can control your spending behavior...credit cards can work for you.
Plus as I said, since our credit score is upwards of 800, we get offers all the time for 12 - 18 month no interest CC purchases. We don’t use these for things we don’t have the money for, but buy big ticket items we need (refrigerator or computer comes to mind), keep our money in a place where it’s working for us, and essentially gain 12 months interest on that money for ourselves, at the CC company’s expense because we pay off the balance before the 12 month is up...we used the cc’s money for 12 month with no interest.