"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 are approaching $1 trillion in credit card debt. The numbers don’t lie.
The Truth About Paying off Your Card Each Month:
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 if you pay 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
Don’t believe us? The Federal Reserve has found that Americans are approaching $1 trillion in credit card debt. The numbers don’t lie.
The Truth About Paying off Your Card Each Month:
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 if you pay 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