Credit Card or Cash?  

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Do you think having no more plastic will save you money than having one or more? One couple tried this for one month. They have a total of 9 credit cards, what they did was they cut all 8 of it and leave frozen for emergency use only. For one month they pay all their expenses by cash and debit. Surprisingly their spending is 24% lower than before that they have credit card.

For me I think it depends on the person, as long as you know how to control yourself and spend less than your net pay every month. For sure it doesn't matter if you have a credit card or not..

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This entry was posted on Tuesday, August 26, 2008 and is filed under . You can leave a response and follow any responses to this entry through the Subscribe to: Post Comments (Atom) .


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