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Old 08-16-2008, 10:49 PM
Encryptus Encryptus is offline
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Join Date: Sep 2007
Location: "New" Mexico
Posts: 977
Re: Do You Believe in Credit Cards?

Quote:
Originally Posted by Sherri View Post
I know that Dave Ramsey really teaches against credit cards period, no exceptions. I have credit cards, but pay them off faithfully at the end of each month. I get lots of airline and hotel points, so I feel like it's good stewardship, rather than bad. But Dave says that you're letting man's system have your money, even if it's for less than a month, and he thinks that's wrong.

What think ye?
Ramsey approaches credit cards in the same philosophy most Apostolics do about drinking, even though some could handle it, it is not worth the risk of getting addicted. Credit card abuse is epidemic right now and ESPECIALLY dangerous now that often cannot be discharged through bankruptcy.

I have taught his FPU several times. as a general rule his advice is dead on, avoid credit cards and consumer debt at all costs.
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