I love my credit card. I have only one that I charge thousands of dollars on
and I get lots of miles from my airline so that I can fly for free. I pay it
off monthly so I never pay interest so their money is free. I get free extended
warranties for major purchases. Once a year I receive a companion fly free
ticket saving me hundreds of dollars making the annual cost inconsequential.
And finally the annual breakdown is good for my accounting. Used wisely a
credit card is a must.
Why I love credit cards and debt in general....1. High interest
credit cards model our national economic policy as set by the president. Max out
one and apply for another....2. Debt is a good thing...the more you borrow
the better off you are according to our president...who is always correct. Just
look at the effect borrowing and spending has had on our economy.
Wonderful!!!3. Spending ...not saving or budgeting ...is the only way for
financial success...again following our national model as set forth by our
majority political party. Every family should spend more. Christmas is coming
and time to apply for more credit cards.4. Being financially free is a bad
thing...only Tea Party folks believe that crap. 5. Remember the words of
Barack when he spoke of our then 9 trillion dollar debt in 2007 "taking out
a credit card from the bank of china ....is un-American and unpatriotic".
Obviously it is much more patriotic to have a 17 trillion debt!!Yes
Credit debt is what makes the world go round!!! Just ask Greece!!!!