Stop Idiocy

Credit cards get a bad rap. The popular opinion is that they exist solely to bilk the public out of their hard-earned money, while lining the pocketbooks of the financial elite.

But that isn’t entirely fair — when used properly, credit cards can be a valuable personal finance tool. And while it is true that credit cards are indeed a mechanism for shifting wealth from the poor to the rich (or at least, the less poor), you have nobody to blame but yourself if you’re on the short end of that stick.

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