Credit cards --- how did these improve your life, if at all?

Hi, benny. You said it very well. I also think they do not improve the standard of living. It gives us ease in buying expensive items, yes. But you are not getting the item for free, you have to pay it back WITH additional interest and charges, of course ... especially if you opt to pay it on longer terms. On top of that, the credit card company or bank, charges you an annual fee for your membership. Paying cash on our purchases free us from all of these things. Therefore, it saves us money, in the end. I know of people who ran into trouble with excessive use of their credit cards. They end up blacklisted in credit companies, being sued and humiliated. It would not happen to someone who is in control of their spending habits and it is always nice and peaceful to be debt-free.

Hi, madie. Yes, having credit cards saves us from the hazards of bringing lots of cash inside the wallet. This is especially so in these times of rising criminality on the streets. When you go shopping, you only need to give your credit cards to the cashier of the store. This limits our choice of stores though. There are a lot of stores in our place where they sell very cheap items. Some are smaller stores that do not accept cards. I personally feel that paying cash saves us more because it is free from interest and other charges that a credit card entails. Paying cash gives us a wide choice of stores ... from bigger department stores, malls to small bargain stores.

Hi, neo_matrix. That happens, too. It happens to most of my co-workers here. Some do not have enough control on their spending habits. It is always an easy task to purchase without having to pay it at once. But when collection time comes, it would already become a burden to one, especially if bills are high. It always comes more burdensom for the credit card holder because of added charges and interests on top of the billed amount. Then, there is the annual fee to talk about.

Hi, kafueenu. I very well know the situation that your father went through. In the office, a lot of co-workers had problems paying their monthly dues on time. When their monthly dues lapse, the credit card companies call them by phone to remind them. This is more especially so if the account is overdue. The credit card companies refer the matter to collection agents. I understand it is the collection agents who are really persistent in their work. They call you hour every hour and you become irritated with them. I am sad that other co-workers have their accounts up for legal action.

Hi, borg. Surely it is a lot of ease when you do your purchases online. It is nice to have credit cards for this purpose. It is a lot of help if one does not have ready cash and he wants to buy something expensive. Compared to paying cash, paying by credit cards make it a little expensive because of the interest and charges that the credit company levies on the credit card holders. Just the same, our purchases are to be paid, whether we pay cash or by using credit cards.