Credit Card Companies Want Your Kids - A LotPersonal Finance News:

Credit Card Companies Want Your Kids - A Lot

To break it down to its essential message: credit cards want you to be in debt. They actually don’t care how you establish that debt — whether it’s that family trip with your dad to Norway or letting your dog have a say in the house you buy or whatever the heck is happening here. They want you in debt and they want you to take your time paying back that debt because that’s how they make money.

I’m not suggesting this as a jumping off point for righteous indignation (entirely; but put a pin in that); businesses are in business to make money. I do wish, however, that credit card companies were honest about their motives rather than cloaking them in manufactured nostalgia or fabricated emotion.

Strategies, tips, and tools to achieve short-term and long-term personal finance goals!


All of the content presented on is for informational purposes only. None of the content presented on this website is intended as a substitute for professional financial advice. Articles and other content posted on this website do not necessary represent the views of the website owner. does NOT endorse any entity displayed on or hyperlinked to from this website. Usage of this website constitutes acceptance of all terms of use. Terms of use subject to change without notice.