Uuuugh, yes you can get rid of credit all together.  My wife and I haven't had a credit card for almost 2 years and haven't used one in close to 3.  Guess what, I do online shopping too.  No, I don't insert cash into the USB port.  I use a Debit/Check card.  The one's that have the Visa/Mastercard logo on them.  I ...more

I saved up $10K "just in case" and paid off $75K in 25 months.  I have no credit cards and use cash or the occasional debit/check card transaction for purchases.  Learned a lot from Dave Ramsey's Financial Peace University class.  Most of it is common sense and you could do it on your own but usually we don't.  He puts...more

There's no such thing as "good debt".

Check out Dave Ramsey's Financial Peace University.  If your willing to sacrifice and follow the plan you can succeed.  It helped my wife and I get out of debt.  Now we are trying to build wealth so we can enjoy it as well as give more of it away. Quit all of this class warfare.  Quite blaming the rich.  We all have...more

@goldengirl365 - Actually Social Security was not set up like a 401k.  It was originally called SSI (Social Security Insurance).  It was to insure against poverty.  You don't own the money, you just paid for insurance that is supposed to pay out kind of like an annuity at a certain age. The fact that you don't own a...more

@jpintar - Are you then going to pay out based on that gazillion dollars they payed in?  Of course not because then how would you "redistribute" (read steal) their wealth to others.

Wow, he sounds like a conservative..."Give of yourself and your resources" rather than a liberal/progressive..."excessively tax so that you can give of someone else and their resources".  I know that he is an Obama supporter which is why it makes this even more amazing.