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re: How many credit cards do you currently have?

Posted on 6/13/17 at 9:46 am to
Posted by LouisianaLady
Member since Mar 2009
81324 posts
Posted on 6/13/17 at 9:46 am to
I don't get what you're saying here. You'd be in that percentage that is a retard? Okay, well then I guess it's good you don't have a CC.

The OT, in this case, IS quite the exception. Not because "OT Baller", but because the general demographic on this message board is older, usually educated, etc.

Ever read MoneyTalk? /r/personalfinance? It is pretty common knowledge the pros of a credit card in money discussion groups. That's cool if you don't trust yourself and can admit that, but the pure possession of a credit card is not "bad".
This post was edited on 6/13/17 at 9:48 am
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
9962 posts
Posted on 6/13/17 at 9:56 am to
quote:

don't get what you're saying

quote:

How silly of me. My bad, I forgot that it's the OT and everyone here is the exception to the rule.

quote:

The OT, in this case, IS quite the exception. Not because "OT Baller", but because the general demographic on this message board is older, usually educated, etc.

Statistically speaking, credit card use (except for the OT) is a bad thing because it's a tool to accumulate debt. Most people have intentions to pay it off every month, but only 35% actually do.
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
9962 posts
Posted on 6/13/17 at 10:03 am to
quote:

Ever read MoneyTalk? /r/personalfinance

Ever read or listen to Dave Ramsey.

i do what works for me.
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