Quote:
Originally Posted by
drobbins 
Just got one left (that is paid off) but we need for internet purchases.
Good on you, Dave!
I've got a question and I don't mean to put anyone on defense here. CC debt is a bad thing and I've known people to owe tens of thousands. I was never that bad, I've only ever owed a couple thousand, but it was way more than I could handle at the time and I worked at paying it off and eventually did.
My question is, why do people completely shun the card? Realistically, unless you feel you can't control yourself why not have one? Everything I buy goes on the card and at the end of every month we pay it off in full and as soon as the bill comes in. Groceries - the card. Gas - the card. DVD at Target - the card. The way I see it I could write out fifty checks a month, or just one. I keep a running tab in my head estimating how much is on it and if something comes up, like when my car stereo died, I check the balance and if it's too close to my self imposed cut off limit, I wait a week or two for it to roll over.
They help build your credit and some offer useful services. When my video camera died two months out of warranty Amex refunded me 90% of the purchase and I went out and bought a much better one. And their rewards program allows me to cash in for gift cards. Each spring we cash in points for a couple hundred dollars worth of Home Depot gift cards and use that for our home improvements.
