How much useful is credit card?

August 11, 2009 12:47am CST
Credit Card- A way of saying buy- buy to your money. If you have a credit card u keep on buying things without thinking of your money as u don,t han=ve to pay in cash and thus your money goes out very fast. What do u believe? Is it good or not?
3 responses
• India
11 Aug 09
Hi bhargavoza, I use credit card onlly for online transations. And that too only for paypal transactions. But I don't think we will get into credit transactions all the time. I mostly use cash for everything I buy. Infact if there is no internet, I won't even have a credit card Nice discussion. Have a nice day. Cheers...
• United States
11 Aug 09
Yea, with a credit card, it's easy to spend a lot of money. That's why I'm careful with my credit card. I guess I got that from my grandfather. He charges his credit card once or twice a week, keep all the receipts, and then visit the bank every 2 weeks to pay the bill. Then there's my mother whose over her limit on 3 of her credit cards and is struggling with her interest rates. I've seen my examples
@carmela0210 (1591)
• Philippines
11 Aug 09
yeah i just think its good IF you know your limitations and how to discipline yourself on buying and buying stuffs you dont really need, for me it is useful in a way that if an emergency comes up and you dont have cash you could use it...happy lotting!!