As you build wealth, the reasons to use credit cards fall away even more.
And the same goes for you too.
This is about allowing oneself to think bigger. What happens when you are financially successful? What happens when you have some real wealth? We spend so much time in the shallow end of the pool, working on our frugal strategies, that we can easily forget about that there’s a goal we’re working toward, which is to have more than enough. To be financially at-ease.
And so, what makes sense in your debt-filled, penny-pinching days may not make sense when your home is paid for and you’ve got income to spare.
But when you follow this train of thought through, another financial crutch starts to fall over: using credit cards.
When you have wealth, why bother? Let’s unpack this.[Read more…] about Why your goal is to not care about credit cards (if you even care today)