Why do people use credit cards?
If you have financial self discipline, using a credit card can be much safer than using cash or debit cards. Credit cards offer you better protection from fraud. They are also setup to protect your rights as a consumer because you can leverage the credit card company against a merchant who sold you a defective product. In a previous post, I discussed 4 Reasons You Should Use A Credit Card.
Many people are conditioned to avoid credit cards at all costs. This is a good strategy if you have no financial discipline–just a like an alcoholic should steer clear of even driving near a bar. If you treat your credit card like a checking account and keep track of each purchase as if the money has already been removed from your checking account, you can get the benefits of using a credit card while avoiding the dangers.