I’ve never heard that saying before, I like it!

Yeah it’s certainly a slippery slope that has some serious consequences if you don’t use discipline and stay within your budget

For me, it's a cashflow thing. If I use credit that's one month I do not have to spend my own money on something - it also allows for larger purchases in one place, whereas I might have to move a bunch of money around and wait days if I paid cash.

Credit card companies make their money on merchant fees, the people who get trapped in cycles of debt are just the gravy on top for the fuckers.

Very good point. I was responding to the “everyday purchases” not being all that bad to use a credit card for if you already have the money for it.

Sudden financial hardship is a much different situation and I agree, the debt would make it worse

You refinance or ask your credit card companies for grace.

Or go bankrupt.