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Chago,

There are a few schools of thought on this one, and your approach strikes me as quite reasonable. I do think, though, that the anti-card position has its merits. If people generally could manage credit as you do, we wouldn't be drowning in a sea of credit-card debt in America today. I'm beginning to think that the best first lesson is to resist using other people's money -- until and unless you can clearly understand the benefits of doing so.

On the show yesterday, I was convinced by the caller because, heck, here we are with the average American household carrying more than $6,000 of credit card debt at interest rates above 16%. The shock of a new approach (no credit cards) is a move toward responsibly managing debt (as you are). You're just ahead of the game. :) But I think we'd all agree that those who can go it without credit cards are certainly Foolish, as well.

Tom Gardner, Fool
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