One of the more common questions I am asked by clients during the discussion of debt is “Should we be using credit cards?”

If you have ever watched any of the personal planning shows on TV, you would hear Dave Ramsey, Suze Orman and others typically dismiss all credit cards is bad debt and never to be used.  The reality is, this is yet another example of why blanket advice is not advice.

The reality is, as long as you are financially responsible to yourself, there is no reason to use “smart” credit cards.

What are “smart” credit cards?  Read on.

L’Shana Tova!

That would be have a happy new year, for the non-Hebrew speaking crowd. =)

While it is not the new year, 2014 yet… it is a new year for Jews around the world.  With that, it is appopriate to tackle a question quite a few people have, and form resolutions around come January 1st… Debt.

Is having debt bad?

While most TV personalities and so called financial professionals would scream yes…. having debt is bad, the real answer is… it depends.