Mostly good advice, but "The first step in becoming wealthy is to quit using credit cards – of any type, for any reason" is just wrong and sad.
Credit cards can be a wonderful tool as long as they are used responsibly. If you are giving people tips on how to use their money responsibly then that should include credit cards.
This is a "know your audience" issue. If the folks you're writing for are irresponsible, then it's a perfectly reasonable thing to say.
I understand the argument, but I disagree. The point of articles like this is to teach people how to be responsible with their money. Teaching people to be responsible with their money while simultaneously assuming that they will continue being irresponsible with their money is nonsensical.
You cannot in one article teach people the tried and true basics of money management like (my numbers do not match up to the article's numbers):
1) spend less than you owe
2) bugdet
3) understand that wants != needs
4) save 40% of your income (some people on this forum could beat that, but it's certainly a good starting place)
5) avoid unnecessary debt, especially at high interest rates
6) avoid buying a house that is too expensive for your needs
7) learn to enjoy free things and live frugally
8) money can't buy happiness
9) avoid lifestyle inflation
etc.
and then randomly in the middle throw in "credit cards are evil and you should never have them ever for any reason." The former are all sound money / lifestyle management advice, the latter is not. The credit card point *should* be "learn to use credit cards responsibly, including not buying things you don't need and paying off your balance every month."
Or the author could just assume his audience is a pathetic and hopeless mass of dolts who can't possibly learn to responsibly control themselves, in which case his credit card advice can stay but the rest of the article would have to go.
This guy's basically quoting Dave Ramsey verbatim for most of the article anyway. Too bad he couldn't have improved on ol'Dave by keeping the good parts and throwing out the stupid parts.