Buying HiFi at credit, anyone?

Despite what most of the previous posters have stated, I not only do I think it's OK to buy on credit, I think it's a smart move to borrow against the future. IF, you have something better to do with your cash today AND you have a plan to pay it off.

I haven't paid interest to a credit card company in eight years. I pay off my personal card monthly and use new card balance transfer options which offer no interest for 12+ months. I have a PT job as an adjunct professor at a local college that commits to me two terms at a time. If you can figure out a way to use credit to your advantage, it IS a smart idea. The concept of leverage is not new and corporations do it all the time. It's wise to use other peoples money if the benefits outweight the costs. Each situation needs to be analyzed based on their own merits. It's not fair to paint the use of credit with a broad brush. Also, I disagree that most people seriously have a plan to pay off their cards. I think most people spend with reckless abandon with the no fear of consequences or the future.

It's just as easy to rationalize not using them.