#49: Credit or Debit?
This is a dangerous one, depending on who you are. Because here’s the thing: this person is absolutely right. There are situations when it makes a ton of sense to have a credit card, and a lot of people who are very financially stable have them and use them and they are fine.
But here’s the other thing: it’s really easy to abuse a credit card. It’s practically begging you to spend money that you don’t have. So really, it’s like she says: if you can manage it and not spend impulsively, having a credit card can be a good idea. but if you know that you will get carried away and start spending money that you don’t have, then you do not touch a credit card with a 10-foot pole, my friend.