HOW to Use Credit Cards: Credit Cards Offer Massive Benefits When We Use Them Correctly - MFI Series1, #21

Well, credits cards aren't evil; people just misunderstand them. As investors, we need to leverage every option at our disposal. Credit cards, when we use them correctly, can have massive benefits. We can use them as tools for emergencies, creating cash flow and spending rewards on our wealth-building journey. However, please understand that our financial lives must be near-perfect BEFORE using credit cards.
We don't ever want to get into credit cards debt. Trust me, my wife and I got out of credit cards debt, and we never want to go down that rabbit hole again. Today, I mostly use debit cards with rewards, but credit cards still offer some great perks. Ensure you understand how to use your cards.