To be honest... I have had one major credit card, a Visa Saphire, which has been used to pay my cell phone bill for the past decade(?) and little else other than an occasional dinner. Its balance is paid in full every time i get a bill.
I also have a credit card issued by a major jeweler, it sees use maybe once a year on valentines day, or a birthday or something, i think it was last used over a year and a half ago... in fact, it may be expired LOL
98% of all my financial transactions are on my Check Card which pulls the funds out of my checking account more or less at the time of transaction. So no interest bearing debt is accrued. its basically like writing a check or paying cash. the trick there of course is to fill the account faster than you can empty it. Unfortunately not everyone does this.
I almost never carry cash because that bank card renders it unnecessary to do so.
the only debt i have is my two cars, my RV and my house. one of the cars is about to be paid off. I suspect the other will be within the next 24 months. and because the RV interest is tax deductible, i will be dragging that out for a while.
Credit Card Debt is a tough thing, and can get you into a bind in a hurry. I try to avoid it.
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