Two people debate whether using a credit card for non-essential purchases shows poor money habits. One partner carries $1,000 to $1,500 in credit card debt but argues the card is just a cash-back tool they can pay off immediately, while the other questions whether this reflects a lack of financial responsibility.
Do you trust her with money? Nope. Because I know she likes to buy stuff. To buy. Yeah, she's a— Like what? I like to buy stuff too. No, if she has to go to a trip, she'll be buying 100 stuff using the credit card and everything. So you don't like that? No. Can she afford it? Yes and no. Because if she can't afford it, she wouldn't be using the credit card. How would she do it? She would do it with her own money. Like, she can use the credit card for big stuff.
Yeah.
Not for little things like, let's say, a shoe. Okay. A little dress. Even if she has the money to pay it off? I mean, how much credit card debt do you have right now?
Like $1,000. Really? Yeah. Don't do that. It's never been more than like $1,500.
Well, I thought it was paid off.
His idea that using a credit card means I'm borrowing money I don't have, when in reality I have the money, but if I can also buy it on credit, get cash back, and then pay it right back after, what's the difference?
How long it gonna take you to pay that thousand?
Not even a month.
