Money In Hand....The Worth Of It

Thiruvananthapuram, India
September 29, 2009 5:41am CST
If only you have enough funds you are safe and secure in going on a spending spree.You end up buying all your daily wants...even a little bit of luxuries too.But spending unwisely with NO CASH but CREDIT CARDS in hand would be disastrous.The situation of not having to pay up immediately prompts most people to be extravagant than what they could really afford. If you have sufficiently enough cash in hand...then only are you really safe.It is real worth!!
8 people like this
17 responses
@Hatley (162214)
• Garden Grove, California
30 Sep 09
sukumar794 yes the best way to be safe is to just pay for'things with cash,no credit cards as some of us just forget that we have to pay these things and get in over our head.if you have a debit card like I do that is good as you can only spend what you have in your account,like paying cash.so you don't owe anything when you are done shopping. I learned the hard way about spending money youjust dont have and how hard it is to get out of debt. now I do not own a credit card and do not want to own one. I have a debit card and spend just what money I really have.
1 person likes this
@Hatley (162214)
• Garden Grove, California
16 May 10
hi again thanks so much for the best response nice to get one
@patofgold23 (5075)
• Philippines
30 Sep 09
I am not fond of paying in cash.. i always pay by credit card..but i am a very wise consumer... credit card is good as cash since i have to pay it... so i dont buy just anything... I go for discounts too!
1 person likes this
@EliteUser (3971)
• Australia
30 Sep 09
Hey, For some reason, I just never liked credit cards from the start, I don't really know why, but yea. I for some reason like the nice feel of the cold hard cash in my hand, I think that it is better to have cash on a spending spree. Make sure you have a good day, God bless and Happy Lotting!!
1 person likes this
@stephon8 (300)
• Philippines
30 Sep 09
I used to have a credit card, a supplementary of my mom. I can't control my spending spree that's why she cut me off. I agree that sometimes having a credit card can be disastrous. Having that plastic card in your hand is like power to me. The spending can go way out of bounds but now i learned my lesson and i will only use cash instead of a credit card.
1 person likes this
• Canada
30 Sep 09
I agree. I have absolutely no interest in racking up a bunch of credit card debt. I do need to use a credit card sometimes, and for those times I have a pre-paid credit card. I have a special account set up for the card, and if there is no money in that account, then I can not use the card. I can only use the card foor the amount of money that is already in the accounti That works out just fine for me.
1 person likes this
@jambi462 (4598)
• United States
30 Sep 09
Money is basically worth what it buys. My question is what's worth more our time or green pieces of paper. It really is a pretty strange transaction if you ask me.
1 person likes this
• United States
30 Sep 09
credit cards are the devil,really. the only way i'd have one is for a dire emergency (vet bills) but even then..you end up paying more than if you had cash.
1 person likes this
@savak03 (6682)
• United States
29 Sep 09
That's very good advice. The ease in which people have been able to get credit in the past has caused them to develop the me first attitude. Now hardly no one saves up for some big purchase but they go in debt so they can have it right now. Then they spend the rest of their lives paying for it. It get very discouraging to work all week only to have to use all you money to pay for things you already have and maybe have used up.
1 person likes this
@jillmalitz (5132)
• United States
29 Sep 09
I used to have credit cards years ago but I no longer do. Two ex husbands could not handle credit. I always paid the credit cards either when the bill came in or if I had a larger amount I always paid more than the minimum and paid it down sooner.
1 person likes this
• United States
29 Sep 09
a whole generation of people have come to believe they can have anything they want whenever they want it. They pay on a credit card and become slaves of the Master---Card!
1 person likes this
@ANTIQUELADY (36491)
• United States
29 Sep 09
I think credit cards have been the ruination of many. I don't use them. I always have thought that if i don't have the money to buy something i'll wait till i do or do w/out. Poople need to learn to live w/in their means.
1 person likes this
@dragon54u (31349)
• United States
29 Sep 09
That is so true! People don't think that when they swipe their card it's real money. I treat every credit transaction like a debit, subtracting it from my bank balance. When the bill comes, I add those back in then write the check. That way I always know how much I really have available and there are no unpleasant surprises, I can pay my bill in full every month and I get the cash back awards--I make money from my credit card, THEY pay ME!!
1 person likes this
• Philippines
29 Sep 09
yes. with credit cards, u tend to not matter about what u buy because u don't get to pay in cash. u splurge on things which are not really needed and u end up getting headaches of the huge bills that follow. that is why i don't have any credit card now. sometimes, self-discipline count a lot.
@paula27661 (15900)
• Australia
29 Sep 09
I agree. My husband and I only just managed to pay off a credit card that had got out of hand and it was such a relief! We don’t like debt at the best of times let alone the high interest we were being charged! We have now learned to adjust our lifestyle to only what we can afford to pay cash for and it isn’t much! It is better than a huge debt though.
1 person likes this
• India
22 Oct 09
Hello my friend sukumar794 Ji, Well, in my hubby case, he is little typical, he may keep more than sufficient money and amy roam whole of the mar=ket number of times, without buying , never looking at others, un-tempted by anything, if it is not as per his list. Nothing lures him. He will not spend money with any need. May god bless You and have a great time.
@KrauseHome (33899)
• United States
1 Oct 09
How true this one is for sure. Most people never tend to think anything of using their Credit Cards when they have no money on hand, and never Stop to think of the consequences associated with doing so. Because with using a Credit Card comes responsibility and Interest rates, etc. People should use their Credit Cards wisely and make sure they can afford to pay them off if using them in a timely manner as well.
@derek_a (10903)
30 Sep 09
I agree, it seems that has created the world-wide credit crunch. There were millions of people doing this with more expensive items like houses and other building thinking they couldn't go wrong.. With us lesser mortals, we can run into the same problems that whilst they may be on a smaller scale, could be equally as catastrophic for us. - Derek