Steve’s Barking; Do not tear up that credit card

I’ve heard many financial sages saying that you should cut up your credit card .Now if one was to take that advise literally you would be a fool. If your car breaks down how would most of us get it repaired without cash on hand and no credit card. If you have cash to pay for something, why are you using the cash when if you have a credit card that gives you a rebate you would be getting a discount on that item. Of cause it’s foolish to us that credit card just because you see a bargain. It’s not a bargain if you have to pay interest, it’s in fact more expensive. The point of the matter use that credit card carefully, and don’t make poor decisions with it.