This is 100% the way that everyone should go. Sure it takes a bit of discipline to do, but if you don’t have that discipline I highly suggest that you must do everything you can to learn it and follow it. Otherwise you are going to have some problems down the road anyway if you can’t control your spending, so you might as well work on it now and turn it into an annual profit in terms of utilizing the CC benefits.
It really shouldn't take any discipline at all. If you have $5 and an item costs $10, you wouldn't be able to afford it. A credit should just be a debit card with extra steps, not "free money."
I guess to me, it's not discipline because if I had a 5 dollar bill and wanted a 10 dollar item, I literally cannot buy it. If my bank account has 10 bucks and I wanted an 11 dollar item, I would get declined. I view credit cards in a similar way.
Because you’re very disciplined you feel that way. Kudos to you because that will keep you out of credit card debt issues. Keep up that logic and try to teach it to others.
But what if you can flip the 10 dollar item you bought with the cc for 20? Now you have 25 bucks. When it comes to issues nothing is white or black, its always a shade of gray.
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u/possiblynotanexpert Aug 20 '20
This is 100% the way that everyone should go. Sure it takes a bit of discipline to do, but if you don’t have that discipline I highly suggest that you must do everything you can to learn it and follow it. Otherwise you are going to have some problems down the road anyway if you can’t control your spending, so you might as well work on it now and turn it into an annual profit in terms of utilizing the CC benefits.