why would I need credit? Credit is for the times when you cannot afford something.
You’re misunderstanding the point of credit cards. They are not about borrowing from the bank (well, they could be but they should not be). They are all about convenience.
I use credit cards. I never ever had a balance on any of them—I pay them off each month. It is convenient (and pretty much necessary for certain things like renting cars) and I do not borrow anything. I don’t have slippery-slope problems with respect to buying “on credit”. Oh, and at least in the US finding a credit card with decent rewards (typically, 1-2% of your purchases refunded to you) is not hard.
I don’t have slippery-slope problems with respect to buying “on credit”
But bear in mind that some other people might. If DeVliegenderHollander suspects he may be one, then avoiding credit cards could be a very sensible move for him.
You’re misunderstanding the point of credit cards. They are not about borrowing from the bank (well, they could be but they should not be). They are all about convenience.
I use credit cards. I never ever had a balance on any of them—I pay them off each month. It is convenient (and pretty much necessary for certain things like renting cars) and I do not borrow anything. I don’t have slippery-slope problems with respect to buying “on credit”. Oh, and at least in the US finding a credit card with decent rewards (typically, 1-2% of your purchases refunded to you) is not hard.
But bear in mind that some other people might. If DeVliegenderHollander suspects he may be one, then avoiding credit cards could be a very sensible move for him.
A fair point, but it still seems to me that thinking of credit cards primarily as means of borrowing money is misguided.