Friday, January 11, 2013

Flashback Friday: Credit Card Benefits

Credit Cards can be evil... but they can also be a very good tool if you use them correctly.

I remember when I first got a credit card. I was young and I was on my own. I had joined the military and I was miles away from home and any kind of adult guidance. I was excited. Being that I have always been good with money, I didn't think having a credit card would get me in trouble.

I was wrong. One credit card lead to another which lead to another and another and another. Before I knew it, I was rolling in credit cards and rolling in debt. So, I decided to get rid of all of them and never look back.

It has been years since I have had a credit card. I don't want one. Why would I if I can have a debit card with a Visa or Mastercard logo right on it. It would work the same - right? Wrong!

I have learned the hard way that a credit card is a must have. Not only does it help you if you are in a bind, but a lot of times, there are things that are limited without a credit card. For instance, renting a car is out of the question.

So sometimes the benefits far outweigh the negatives... But just in case you can't use them wisely, feel free to hide your card and only bring it out for those times you really need it!

So for today's Flashback Friday....

Credit Card Benefits!


  1. It's a trip: you don't want the temptation of credit cards, but yeah, getting things like hotel rooms, rental cars, and even shopping online are better with credit cards - then you also have a buffer. I keep mine in the freezer frozen in a block of ice so that if I really wanna use it, I really need to think about it, lol.

  2. A necessary evil. We don't have one either but will have to probably get one with as much traveling as we like to do. Good advice and example of the evils of credit cards. :)

  3. I've never owned a credit card, and I don't think I ever will. I had a few clothing accounts and racked up so much on them that I had the scissors out one day to cut them up. My husband refused, saying that I'd never know when I might need them, so he keeps them with him. He also has credit cards - because you're right, you do NEED them for certain things and emergencies. But, I just can't - the temptation is too much to want to buy, buy, buy. So thank goodness, one of us in this relationship is level headed!

  4. Good point about credit cards. When they are used correctly, one can truly appreciate their importance.

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