Have you ever watched the TV show, Till Debts Do Us Part? The host Gail Vaz-Oxlade will very often have the participant of said show cut up their credit cards so that they can no longer use them. Do I disagree with her tactics? Well I do not agree.
While for many, credit card debts are getting out of control and they should be reined in, they can also however be great tools when used for the right reason. In fact, we bought our first multi unit property by using credit cards for the down payment.
We need to find the difference between bad debt and good debt. There are a lot a advise out there on living debt free. Although I agree debt can get out of control and become bad, they also represent growth. If you take out all debt out of the equation, get comfortable! Because you have come as far as you'll ever be.
In his book, Guide To Becoming Rich, without cutting up your credit cards, Robert Kiyosaki explains the difference between good debt and bad debt and how to use debt to make you richer faster.
If you have not read this book yet I highly recommend it. Learn to turn "bad debt" into "good debt."