InControl Financial Podcast | Get Out Of Debt (G.O.O.D.) | Personal Finance That's: Fun. Uplifting. ...

There is no blanket statement that fits all people when it comes to using credit cards versus paying for everything with cash only.  Some folks are responsible and have the discipline needed to properly use credit cards.  Other folks treat a credit card like free money and swipe it with no consideration of consequences.   So, does that mean that every single one of us should always use cash even though we may vary greatly with our actions and behaviors when it comes to our purchases?  What if we want to use credit cards?  Should we be pressured to never use a credit card, even though we have a track record of responsible spending habits and rarely (if ever) carrying a monthly balance?   In this episode, Tom busts the myths propagated by some financial gurus about credit cards.  One of the most common myths is that you will absolutely lose financially if you don't rid yourself of credit cards forever.  While he always advocates a debt-free lifestyle if tha