Credit cards, what you gonna do with ‘em??
Nothing like the current economic “hard times” to make us feel both the blessings and the bane of using credit cards. Personally, we’ve had to make purchases for your home, repair related things, in recent months that we could not have made without a credit card. At the same time, our income situation makes it tough to keep our credit card balances under control — tough but doable. And we realize we’re in the majority of people in America that way.
We are all living with the irony that same business world eager to give us credit cards is suffering from many hardships related to credit card overuse. I used a debit card (NOT credit card) to make a purchase at a grocery store this morning. When the cashier handed me my receipt she was delighted to show me on the printed receipt that I had been selected to apply for one of their premier Mastercards. I declined.
The only new credit card acquisitions these days would be cards that would offer a 0 balance transfer, so you can transfer high interest balances onto something that would save you some money. Those seem to be MUCH harder to find than all those pre-approved credit card offers that come in the mail, aren’t they?
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