Credit Cards Offer Consumer Protections and Rewards, Not Just Debt Traps

“Totally don't use credit cards, Joel. That's another piece of advice that you'll often hear. I think the same guy who likes to say that debt is dumb and to live that debt free lifestyle also likes to talk smack about the credit cards. But the truth is, when used effectively, we love credit cards. When you use them effectively, you know they're not just alright. They're the best form of payment where they offer you greater consumer protections, plus superior rewards and benefits and other meaningful perks.”

“But we are fans of using them responsibly, and if you have a reasonable level of discipline, then you're gonna be able to use your cards effectively and they're going to be a great tool for you. That's why we're fans of using them. But again, we just have to make sure that we couch it within the proper language. We don't want anybody and everybody out there to go looking for the best cash back sign up bonuses that you can find. But if that is you, if you are in a healthy position, if you do have that reasonable amount of discipline, then head over to our site, go to howdomoney dot com forward slash credit cards because that tool will help you to find the best credit card for you and based on the different benefits and the perks that you are looking for.”

“So it's not just the two percent cash back or the Ma's Blue cash preferred six percent back at the grocery store, like those are awesome perks, but we're also talking about just more robust fraud protection when you're using a credit card. We're talking about sometimes an extended warranty that a credit card offers. In addition, that means you don't have to buy the crappy extended warranty that the electronics company or the big box warehouse is trying to get you to buy. The abredit card offers that for you.”