Comments on: Credit Is A Tool Not To Be Scared Of. http://www.mytwodollars.com/2009/09/15/credit-is-a-tool-not-to-be-scared-of/ A place to discuss money...for the rest of us. Fri, 10 Feb 2012 05:21:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Hankhttp://www.mytwodollars.com/2009/09/15/credit-is-a-tool-not-to-be-scared-of/#comment-34246 Hank Sat, 19 Sep 2009 07:11:01 +0000 http://www.mytwodollars.com/?p=2145#comment-34246 Maybe being just a little bit scared of credit cards is what we need to keep us on the straight and narrow path. Maybe being just a little bit scared of credit cards is what we need to keep us on the straight and narrow path.

]]> By: Mikehttp://www.mytwodollars.com/2009/09/15/credit-is-a-tool-not-to-be-scared-of/#comment-34198 Mike Wed, 16 Sep 2009 13:44:24 +0000 http://www.mytwodollars.com/?p=2145#comment-34198 I actually use my credit card as my #1 transactional tool. I use it for all my purchases (even for a $1.50 coffee). At the end of the month, I pay my bill in full. Hence, I earn cash rewards while not paying interest. I wrote about this topic last week and comments from few readers were quite interesting: http://www.gatherlittlebylittle.com/2009/09/get-a-day-to-day-credit-card-and-make-money/ I guess we don't all have the same relationship with our little piece of plastic ;-) I actually use my credit card as my #1 transactional tool. I use it for all my purchases (even for a $1.50 coffee).

At the end of the month, I pay my bill in full. Hence, I earn cash rewards while not paying interest.

I wrote about this topic last week and comments from few readers were quite interesting:
http://www.gatherlittlebylittle.com/2009/09/get-a-day-to-day-credit-card-and-make-money/

I guess we don’t all have the same relationship with our little piece of plastic ;-)

]]> By: David--Your finances101http://www.mytwodollars.com/2009/09/15/credit-is-a-tool-not-to-be-scared-of/#comment-34194 David--Your finances101 Tue, 15 Sep 2009 21:46:14 +0000 http://www.mytwodollars.com/?p=2145#comment-34194 I think the operative term is "used correctly." For a long time, I would not trust myself with credit cards. Only when I dug myself out of debt and realized that you do need to use them with restraint in mind did I start to utilize them. Used correctly, they can be a powerful tool in building your credit score and putting cash in your wallet. Again, only when used correctly. Good post I think the operative term is “used correctly.” For a long time, I would not trust myself with credit cards. Only when I dug myself out of debt and realized that you do need to use them with restraint in mind did I start to utilize them.

Used correctly, they can be a powerful tool in building your credit score and putting cash in your wallet.

Again, only when used correctly.

Good post

]]> By: DDFD @ DivorcedDadFrugalDadhttp://www.mytwodollars.com/2009/09/15/credit-is-a-tool-not-to-be-scared-of/#comment-34191 DDFD @ DivorcedDadFrugalDad Tue, 15 Sep 2009 15:00:38 +0000 http://www.mytwodollars.com/?p=2145#comment-34191 I say use credit cards-- don't let them use you . . . I say use credit cards– don’t let them use you . . .

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