"Despite what commercials, celebrity spokespeople and the Joneses next door will tell you—responsible use of a credit card really doesn’t exist. Don’t believe us? The Federal Reserve has found that Americans have over $1 trillion in credit card debt. The numbers don’t lie. Credit card debt is a major problem in America.
How Much Is That Credit Card Debt Costing You?
We’ve heard it before. "I can pay my credit card off each month. So what’s the big deal?"
There is no positive side to credit card use. Even by paying the bill on time, you’re not beating the system. The reality is: The average family today carries a balance of $16,048 in credit card debt."
https://www.daveramsey.com/blog/the-truth-about-credit-card-debt
How Much Is That Credit Card Debt Costing You?
We’ve heard it before. "I can pay my credit card off each month. So what’s the big deal?"
There is no positive side to credit card use. Even by paying the bill on time, you’re not beating the system. The reality is: The average family today carries a balance of $16,048 in credit card debt."
https://www.daveramsey.com/blog/the-truth-about-credit-card-debt