I was just wondering who uses credit cards or cash, just to see the ratio between them. I am a financial counselor and I have learned that most people who use credit cards are in debt for the rest of their lives. I use cash all the time and never had a credit card in my life. I am scared to death of getting one. SO let me know people.....
thanx
~bubblez
2006-12-08 02:48:22 · 10 answers · asked by Anonymous in Entertainment & Music ➔ Polls & Surveys
I do not believe in credit cards. I pay by cash (debit card) only. If I can't afford something straight out I have no business in buying it.
I do have a credit card for emergency. Once in a while I have used it just to keep a record of a purchase but I immediately go home and electronicaly pay it off.
2006-12-08 02:52:59 · answer #1 · answered by Joker 4 · 1⤊ 0⤋
Live life on plastic. Credit cards, charge cards, debit cards are way better than cash. Cash is inconvenient because of loose change. America screwed up by having the penny. The govt looses so much money because people throw away loose change. A card transactions are good ways to monitor your spending and keep a paper trail without collecting receipts. I personally hate using cash because of the arbitrary pricing on products and services. Why would something be $0.99 cents instead of a dollar? Thats just 3 quarter, a dime, a nickel, and four pennies lost. Most people only bother to save the quarters, and the rest gets lost. Nothing automated even bothers to accept pennies, and minting a penny costs more in material than the face value. Anyway, cash is only used for tips, charity, and drug deals. Its because pocket change is considered worthless that these customs have been integrated in our economy.
2016-03-28 23:12:50 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It depends on the purchase. If I want to purchase something online, which I rarely do, I use them. Also for big purchases, because it's not good to have huge wads of cash on you. But the balance is always paid at the end of the month, so sometimes we save if we plan to make a big purchase on credit. Credit cards are great for things like that and traveling too, but people have to realize that it must be paid back and with interest. It's not free money. When responsibly used, they can be a great tool- especially for building credit up!
2006-12-08 03:01:53 · answer #3 · answered by Anonymous · 1⤊ 0⤋
If I have a credit card I use it but it has also got me into a lot of debt and trouble so now I am using cash all the time
2006-12-08 02:50:36 · answer #4 · answered by Anonymous · 1⤊ 0⤋
I use one credit card for everything and pay it off with a check completely every month to get frequent flier miles. I have used these miles to visit south South America 4 times. Of course, I pay $50 a year for this but it's well worth it.
2006-12-08 02:53:32 · answer #5 · answered by stklotto 4 · 1⤊ 0⤋
I don't use credit cards, one can get into a lot of trouble using them. I use cash
2006-12-08 02:58:15 · answer #6 · answered by Urchin 6 · 1⤊ 0⤋
Credit card, always. To me, it is safer and more convenient than cash. We always pay the full balance off each month, so, no debt. Not spending above your means is the key to not getting into debt.
2006-12-08 02:55:28 · answer #7 · answered by AsianPersuasion :) 7 · 1⤊ 0⤋
I've heard sometimes the change can add up, but methinks keeping track might be hard with a credit card after awhile. Or you might push it to the limit, then not be able to repay the added late fee.
2006-12-08 02:53:31 · answer #8 · answered by Da Mick 5 · 1⤊ 0⤋
cash for me. after seeing what credit cards did to my aunt and uncle, im quite reluctant. but i may look into those debit cards. altho in my country im not sure that the usage is widespread yet, and thus not many shops/biz offer that form of payment.
2006-12-08 02:54:42 · answer #9 · answered by jiwaku79 2 · 1⤊ 0⤋
I use cash or my bank card. I don't have any actual credit cards.
2006-12-08 02:55:53 · answer #10 · answered by dyingatwork 6 · 1⤊ 0⤋