Credit is an awesome tool if you use it correctly.

I agree, most Americans don’t use credit correctly and are putting themselves in more and more debt…

I use a MilagePlus card that earns us miles for every purchase. We literally use it for everything, and earn enough miles to cover our family trips to Japan 1 - 2 x a year. We completely covered the nostrasia trip for all for of us with just miles.

** To do it correctly, you need to pay off your entire card balance by the end of the month, every time. This way you get no late payments or interest payments, and all the miles.

Problem is most Americans don’t do this and it just adds up…

This time I chose to eat the interest payment for the month to buy more bitcoin, and will pay it off next week when I get paid…

Another advantage of credit cards is, you can do that if you need/want to.