I understand the importance of living frugally and within ones means. However, shit is hitting the fan for a lot of people and even those who are responsible are having to get creative.
Are we counting on "The Great Reset?" The biggest FU to the banks, go down with the ship? With interest rates at stupid numbers and a financial collapse every 10 years, what the actual fu*k?
Whats the endgame?
I have never personally owned a credit card at all in my life. I am fortunate to have gotten by with just a debit card, checking, and savings accounts. Never even took a loan to attend college. I have not had a negative balance on my accounts either. I have always avoided credit cards as I did not want to be dealing with the yearly interest rates. This is certainly a decision I have never regretted either.
I do that just for the rewards. Build it up over the year and I usually use them for my yearly Nov vacation hotel
way to go, I have lived the same, and I have enough, because I do not buy stuff I dont have cash money for.