To answer your question, we need to first ask ourselves what the whole point of being on this forum is.
Personally, I want to build a strong credit history so if any problems in the future arise, I have lenient options. If i go through a hard time (an economic recession?) and I cannot PIF my cards, I'd like that interest rate to be as low as possible.
Just take a look around. Why do people take out payday loans? They have no credit history. What kind of interest do these payday loans have? 700%. Many people have multiple payday loans and they cant get rid of them because of the ridiculous interest rates.
Hope that helps.
@longtimelurker wrote:
@Anonymous wrote:
@Anonymous wrote:A few points to drill home:
1. Paying any interest to keep a credit card company happy is silly.
2. Focusing on rewards cards when you consistently have a balance is silly since their APR tends to be higher.
3. Having credit card debt over extended periods of time is really silly.
4. Floating a credit card balance here or there for a month or two is not the end of the world. However, not the end of the world and optimal are not the same. I have occasionally floated a balance on a CC, but given my monthly positive cash flow, optimally I should never float a balance.
5. I find myself agreeing with pretty much everything elPatitoFeo has said so far.
Well, duh!
p.s. I was going to give you kudos anyway by the end of your point # 4, I swear...
I think the question is what is covered by "so far" All EPF's comments in the thread? Everything said on MyFico? Every word EPF has uttered?
But 1-4 agreed without any question!
Do you mean every word uttered in these forums or everywhere? Stop being ambiguous like me! 
@Anonymous wrote:
@longtimelurker wrote:
@Anonymous wrote:
@Anonymous wrote:A few points to drill home:
1. Paying any interest to keep a credit card company happy is silly.
2. Focusing on rewards cards when you consistently have a balance is silly since their APR tends to be higher.
3. Having credit card debt over extended periods of time is really silly.
4. Floating a credit card balance here or there for a month or two is not the end of the world. However, not the end of the world and optimal are not the same. I have occasionally floated a balance on a CC, but given my monthly positive cash flow, optimally I should never float a balance.
5. I find myself agreeing with pretty much everything elPatitoFeo has said so far.
Well, duh!
p.s. I was going to give you kudos anyway by the end of your point # 4, I swear...
I think the question is what is covered by "so far" All EPF's comments in the thread? Everything said on MyFico? Every word EPF has uttered?
But 1-4 agreed without any question!
Oddly enough, you don't get any kudos. I know it sounds inconsistent, maybe I should check my rating system. I'll get back to you...
Yes they did. 
@Anonymous wrote:
@longtimelurker wrote:
@Anonymous wrote:
@Anonymous wrote:A few points to drill home:
1. Paying any interest to keep a credit card company happy is silly.
2. Focusing on rewards cards when you consistently have a balance is silly since their APR tends to be higher.
3. Having credit card debt over extended periods of time is really silly.
4. Floating a credit card balance here or there for a month or two is not the end of the world. However, not the end of the world and optimal are not the same. I have occasionally floated a balance on a CC, but given my monthly positive cash flow, optimally I should never float a balance.
5. I find myself agreeing with pretty much everything elPatitoFeo has said so far.
Well, duh!
p.s. I was going to give you kudos anyway by the end of your point # 4, I swear...
I think the question is what is covered by "so far" All EPF's comments in the thread? Everything said on MyFico? Every word EPF has uttered?
But 1-4 agreed without any question!
Do you mean every word uttered in these forums or everywhere? Stop being ambiguous like me!
Since the previous option was "Everything said on MyFico" (with the implicit "by EPF") the Every Word option means everywhere. Assuming he has a life outside MyFico, I've heard that some people do.
Out of principle, I'm going to start giving LTL kudos on every post until I forget why i'm doing it.
I dislike paying interest unless I have to. I pay the 1.24% interest on my car loan, which is acceptable for me, since I can't afford to pay it in full and the interest is so low anyway. On my CCs, I try to avoid interest. That's not because I'm afraid of it, but because I do try to save and buy on sale and use coupons for groceries but if I end up paying interest, then all those efforts would be useless. If I have to, let's say from an emergency purchase, then I will, but I would like to avoid paying interest as much as I can.
@Anonymous wrote:Out of principle, I'm going to start giving LTL kudos on every post until I forget why i'm doing it.
There should be a sticky post about that at the top of every forum!
p.s. Coincidentally, your post got a kudos itself. I am still trying to figure out how this works...
@Anonymous wrote:
@Anonymous wrote:Out of principle, I'm going to start giving LTL kudos on every post until I forget why i'm doing it.
There should be a sticky post about that at the top of every forum!
p.s. Coincidentally, your post got a kudos itself. I am still trying to figure out how this works...
I dunno.
I think it's like a pat on the back.
Interest if it's not ~20+% isn't as bad as some think provided you're not running a balance for an extended amount of time.
It's always better than a payday loan.
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:Out of principle, I'm going to start giving LTL kudos on every post until I forget why i'm doing it.
There should be a sticky post about that at the top of every forum!
p.s. Coincidentally, your post got a kudos itself. I am still trying to figure out how this works...
I dunno.
I think it's like a pat on the back.
Interest if it's not ~20+% isn't as bad as some think provided you're not running a balance for an extended amount of time.
It's always better than a payday loan.
Actually, elPatitoFeo is doing very well at kudos. He has 85 kudos count from 425 posts, a massive 0.2 kudos per post. In contrast my figure (274 out of 7K+) comes to a lousy 0.03 kudos per post, i.e. EPFs posts are about 7 times better than mine.
And Nixon, that last paragraph: please try to avoid posting on topic.