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On a recent episode ofCavuto Coast To Coast,Ramsey explained why he stilldoesnt own a credit card.

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I still dont have them, he said.

[You] have to have money in your account to use your debit card.

[Ramsey Solutions has] done the largest study of millionaires ever done in North America.

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We studied 10,167 of them, he said.

The number of them that said they became wealthy with their airline miles was precisely zero.

Justin Zeidman, vice president atNavy Federal Credit Union, recommends having multiple credit cards.

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