Where do you see businesses accepting debit but not credit cards? I’ve only ever seen it accepting both or neither (in the case of neither, you have to physically mail in a check or link up ACH information). And the only time I see ACH or physical payment accepted but not debit/credit is with governmental agencies in the US, because credit/debit costs them money to process while ACH/physical money does not.
If you pay off your balance before the end of the month, you get to invest other people’s money into your life for free.
I even get free flights and hotels just for paying my bills with a credit card then paying off the card like 3 days later.
As long as you don’t let charges sit for a month+ without paying them off you don’t pay anything extra.
If you have an opportunity to make money but you need to spend money to get started, you have that option as well.
example: I just got an extremly remote, but well paying job. I bought a portable solar panel+battery, a portable freezer, and starlink internet. Couldn’t afford it cash, but because I can afford the investment on credit, I can comfortably take a job that doubled my monthly earnings I otherwise wouldn’t have taken
Its your characterization of people falling into a trap designed for them to fall in as bad with money i take issue with. This opinion can only come from an inability to consider hypothetical situations outside of your particular experience, such as (off the top of my head) an unexpected bill or layoff.
This can not be overcome with “moneysmarts“, unless moneysmarts=having money. Surely if you wanted, you could respond with a hypothetical situation that runs counter to your previous statement?
The smart way I implied using credit is literally only taking the bills you currently pay, pay credit instead and then paying them off with debit a few days later.
If a bill or layoff would financially ruin you on credit like this, it would ruin you even faster without credit.
If you get a decent credit card and that’s literally all you do, your credit score will go up and you can get free airline miles to use on hotels+airplanes. Or get a different card and get some% cash back instead.
Where do you see businesses accepting debit but not credit cards? I’ve only ever seen it accepting both or neither (in the case of neither, you have to physically mail in a check or link up ACH information). And the only time I see ACH or physical payment accepted but not debit/credit is with governmental agencies in the US, because credit/debit costs them money to process while ACH/physical money does not.
I haven’t experienced not taking credit cards, but T-Mobile just got rid of my ten dollar auto pay unless I switch from credit card to debit card.
Same for Verizon
My barber won’t take credit, only debit or cash.
Credit card fee’s most likely.
Probably and I’m perfectly fine with cash or debit only. Screw credit. Just hurts people in the long run
Depends on the person.
If you’re using credit because you don’t have money, then you’re doing it wrong. Credit only hurts people that don’t understand this.
I put everything on my credit card. I also pay it off every month. So it’s only helped me.
If you’re bad with money, sure.
If you have half a brain you absolutely gain using credit
I hate your opinion but i love your name. You ever drink Bailey’s from a shoe?
How am I wrong?
If you pay off your balance before the end of the month, you get to invest other people’s money into your life for free.
I even get free flights and hotels just for paying my bills with a credit card then paying off the card like 3 days later.
As long as you don’t let charges sit for a month+ without paying them off you don’t pay anything extra.
If you have an opportunity to make money but you need to spend money to get started, you have that option as well.
example: I just got an extremly remote, but well paying job. I bought a portable solar panel+battery, a portable freezer, and starlink internet. Couldn’t afford it cash, but because I can afford the investment on credit, I can comfortably take a job that doubled my monthly earnings I otherwise wouldn’t have taken
Would you mind informing me what was that remote but well paying job?
Sorry I signed an NDA.
Its your characterization of people falling into a trap designed for them to fall in as bad with money i take issue with. This opinion can only come from an inability to consider hypothetical situations outside of your particular experience, such as (off the top of my head) an unexpected bill or layoff.
This can not be overcome with “moneysmarts“, unless moneysmarts=having money. Surely if you wanted, you could respond with a hypothetical situation that runs counter to your previous statement?
The smart way I implied using credit is literally only taking the bills you currently pay, pay credit instead and then paying them off with debit a few days later.
If a bill or layoff would financially ruin you on credit like this, it would ruin you even faster without credit.
If you get a decent credit card and that’s literally all you do, your credit score will go up and you can get free airline miles to use on hotels+airplanes. Or get a different card and get some% cash back instead.
You literally get more for the same money.
Not doing that is bad with money.