this post was submitted on 23 Oct 2023
365 points (96.7% liked)
> Greentext
7547 readers
132 users here now
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I got my first credit card entirely to build credit and I paid off every transaction daily. I would classify that as arbitrary¹ debt as it is taking on "debt" for the sake of entering the system. I was much happier with a debit card at the time and still dislike having to pay it off every month. The cashback on my newer cards is nice though (didn't have that on my first one).
¹ I am reading arbitrary to mean unnecessary.