I remember when I was young, still going to high school and dad got his first credit card.

Go out for a meal and it was like a status symbol - I'll pay with credit!.

'of course sir' said the pub counter meal attendant..

I think he had like a $1K and the interest was like 20% but it was the 'status' thing. We were not well off, but suddenly we were up with the Jones's.

It was like 'woow!' one day I'll grow up and have 'credit'; pretty dumb :)