It's All Philosophy

It's All Philosophy

You Lie When You Use Your Credit Card

How Credit and Debt Break Social Trust

Matt Fujimoto's avatar
Matt Fujimoto
Aug 10, 2025
∙ Paid
To use a credit card
Photo by Vitaly Gariev on Unsplash

If you have looked into the world of personal finance, I am sure that you have heard something like “Debt is bad!” Whether it is a car loan, student loans, or consumer credit cards, there is so much advice out there that discourages the use of debt. Some even go as far as to say that you should only use cash.

What might …

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