by Tricia
I remembered what I wanted to say earlier today 🙂
I will probably get a lot of slack for coming clean on this one, since I know there are many fans of a particular get-out-of-debt person out there. He advocates not using credit cards at all. I happen to disagree with that with our situation.
We still use one of our credit cards (with the lowest limit) for the following purchases:
1.) Online. There is NO WAY I am giving my debit card number out online. I like the protection that credit cards offer with unauthorized purchases. I can tell you for a fact that there are more people that have access to your numbers when you purchase something online than you think.
2.) Recurring Purchases (things like hosting fees and subscriptions). Again, there’s no way I am giving out our debit card number. Plus, if I happen to forget when a yearly subscription with be withdrawn, it can be paid on my credit card without worrying that a check will bounce in my checking account (I run it pretty darn low to pay off debt).
I bite my tongue on this blog a lot, because I do get upset at my cards and want to call them evil. But really, they aren’t. In the end, I was the one who abused them. They did not force me to buy things with them to where I couldn’t pay the balance in full every month. I did that all by myself.
That’s just my viewpoint, and everyone is entitiled to theirs. I’ve said it once, and I’ll say it again, when it comes to reducing your debt you have to do what is right for you and your situation. I just thought it was fair to let everyone know that we still technically use our credit cards.
The main thing is that we are now using them like they should be used – we pay the balance in full every month 😉
