the danger in living beyond your means
Posted on May 5th, 2007 by minutechaser
There’s an abundance of credit card choices out there. It’s impossible to walk around the shopping mall these days without having credit cards shoved in your face by eager promoters.
Lots of good offers to choose from especially those that are ‘free for life’ and that come with irresistable balance transfers. So it’s a wise idea to compare credit cards before signing up for one too many.
Handy though credit cards can be, they’re often to blame for people living beyond their means. I’ve come across an increasing number of cases in the papers about people caught in credit card debt.
So we really should all wise up and be cautious no matter how great the temptation.
- comparing credit cards
- how many credit cards is too many?
- a credit card that fixes bad credit
- card collector
- bad credit can be repaired
luckily credit cards can be used as basically check cards too.
I gave up all my credit cards when I moved to the Philippines, although I should have kept one for emergency purposes. It’s difficult to take care of emergencies now that I can no longer get a credit card.
[...] juggling mom at gimme a break wrote about the danger of living beyond your means with credit cards. I gave up ALL of my credit [...]