My sister and I were talking tonight. I told her that I wrote a blog post about a Yahoo! article that got me all sorts of annoyed. She seemed to agree with what I was saying and went one step further. She said she gets especially bothered by those articles that are entitled something like, “10 Ways To Save Money” and then have little to no real applicable content in them.

I kind of dismissed them saying, “Yeah, all those articles are a complete waste of time.” I do get frustrated at this fluffy web content because I rarely ever see any real punch.

I kind of sat there and thought for a minute. Then I said, “You know, a really good way to save money for someone is for them to get rid of all their credit cards.” I mean, we all know that there is very little on this planet that is more evil than debt. Then, I went even one step further and said, “Even better…people should default on stuff like a car loan or mortgage. That way, there credit is shot and then when they want to go get another credit card, they can’t.”

In a perfect world my theory might work. Unfortunately, in our world, even people with lousy credit can still get credit cards. The problem is that these new cards come with very high interest rates.

I am still sticking with what I said though. Basically, debt is bad and the faster you can get away from it and stay away from it the better.

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