Have you heard of Dave Ramsey? I greatly respect the man and what he has done in America in the past decade, but you may be surprised that I do not agree with what he teaches about credit cards. Dave Ramsey has a very simple view when it comes to credit. He wants you to pay them off and cut them up, never to use them ever again. I say that Dave Ramsey is wrong about credit cards.
Where Dave Has It Right
Our world has grown accustomed to instant gratification and has financed much of their possessions. This has increased the popularity of credit cards and has made Visa and Mastercard very wealthy companies. For those that cannot control their spending, Dave Ramsey is right. They should not have credit cards. It’s better to live a simple, safe life on a debit card than to live every . . . → Read More: Dave Ramsey is Wrong About Credit Cards