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Agree with all the good budgeting stuff (and learning the answer to "Who is Dave Ramsey"?).
However, not all credit is bad, as some of you have mentioned above re real estate and investment.
We use our credit card for everything. If I could pay the mortgage payments with the credit card, I'd do that too. Thing is - we offset the bank account against the mortgage, so the higher the balance in that, the less interest I'm paying on the house. The credit card then gets automagically paid on the last day every month, which means that we have the maximum balance applied against the mortgage.
In Australia - this is an offset account. If that emergency money in your bank account isn't earning you as much as your mortgage is costing you, then you might be able to structure better.
Sure - it's a credit card. But when you treat it like cash (and owe a bank 250,000), then you learn quick.
My .02
C!
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