Ron
I do the same ... but automatically. The credit card is tied to my checking account, and the bank pays the bills electronically. And any bills that come via snail mail, I pay within a couple of weeks. No interest charges here. But I learned a looooooong time ago to be fiscally smart. Other than a late charge every so often (due to stupidity
), I haven't paid any credit card interest in 40 years.
Of course, sometimes you are prudent to go into debt for a large variety of reasons, but just not using credit cards with 25% interest.
The US government (ie - Congress) got us into this mess, along with some help from non-gov't people ... stupid and greedy people in banking/mortgage industry, groups like Acorn, and people getting stupid adjustable loans and interest only loans. That is a fact. And now the government that caused this financial meltdown has MORE control over the financial markets.
God Save Us ..... please. Maybe its time for another revolution.
