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Jun
When it comes to Credit Cards, we have little patience. The companies that administer the cards and their accounts will do just about anything to try and get your money. Very few of them will do anything that isn’t in the interest of the company.
BB Rule: Debt Free means Credit Card Free too!
Destroy as many credit cards as you can. If you do use a credit card, keep the receipt and then send a payment for that amount immediately. Our goal is to no longer use any credit cards and only use Debit Cards. Debit cards will only allow you to spend what you have. You’re not taking out a personal loan with each purchase as you are with a credit card and as a result, you are not creating more debt.
Popularity: 18% [?]
June 24th, 2008 at 10:00 am
[...] According to the post, he’d like to keep using the 3rd card as it gives him cash back on certain purchases. If you’ve been following the Beating Broke Rules, you’ll know how I feel about Credit Cards. [...]