Credit cards make you spend more yes or no

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  1. Lgali profile image56
    Lgaliposted 9 years ago

    Credit cards make you spend more yes or no

    1. Dawnrosie profile image60
      Dawnrosieposted 9 years agoin reply to this

      h yes

      o

    2. guidebaba profile image58
      guidebabaposted 9 years agoin reply to this

      Tes, atleast in my case. I often end up spending more than my budget.

      1. guidebaba profile image58
        guidebabaposted 9 years agoin reply to this
        1. Lgali profile image56
          Lgaliposted 9 years agoin reply to this

          if you have less limit on them

    3. relache profile image85
      relacheposted 9 years agoin reply to this

      Credit cards are inert pieces of plastic.  They don't make people do anything.

      You yourself have all the control (or not) over your spending habits.

      1. Lgali profile image56
        Lgaliposted 9 years agoin reply to this

        good take

    4. Davinagirl3 profile image61
      Davinagirl3posted 9 years agoin reply to this

      Depends on how close to my limit I am.smile I would say, undoubtedly, YES.

      1. Lgali profile image56
        Lgaliposted 9 years agoin reply to this

        another good take

    5. anjalichugh profile image73
      anjalichughposted 9 years agoin reply to this

      It does ease out things but it certainly is a 'debt trap'. The more you have, the more you spend. smile

      1. Rochelle Frank profile image96
        Rochelle Frankposted 9 years agoin reply to this

        See, that's the problem. You don't "have" the money allowed by your credit card-- you are allowed to "owe" the amount.
        For me, I don't feel it eases anything out to be in debt.

    6. jiberish profile image70
      jiberishposted 9 years agoin reply to this

      Credit cards don't Make you do anything, just like guns don't kill people.

      1. Lgali profile image56
        Lgaliposted 9 years agoin reply to this

        what a take good one

    7. Kadmiels profile image56
      Kadmielsposted 9 years agoin reply to this

      of course they do smile thats half the fun  and ood for the economy since we are a economy of debt sad

      1. Lgali profile image56
        Lgaliposted 9 years agoin reply to this

        good take

    8. Jane@CM profile image60
      Jane@CMposted 9 years agoin reply to this

      No.  For my husband & myself the credit card is used only for things which we cannot pay cash for upfront:

      Airline tickets
      Hotel reservations
      Online purchases (rare)

      If we use the card, it is paid IN FULL when the bill arrives. big_smile

      1. emievil profile image77
        emievilposted 9 years agoin reply to this

        I basically use the same tactics as Jane's (pay in full once bill arrives) but I have to admit credit cards do make me spend more. Good thing I manage to get the funds to still pay them all smile.

    9. sarovai profile image77
      sarovaiposted 7 years agoin reply to this

      More And More until you get struck and start thinking about how to deal?

    10. akansha1 profile image59
      akansha1posted 4 years agoin reply to this

      yes

    11. Nouveau Skeptic profile image73
      Nouveau Skepticposted 4 years agoin reply to this

      As opposed to having nothing to spend?  In general people with them will spend more.

      That said, it is not true for everyone.

  2. comeflywithme18 profile image58
    comeflywithme18posted 9 years ago

    definately yes!

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      this is the common problem with most of people in north america

  3. Gordon Hamilton profile image97
    Gordon Hamiltonposted 9 years ago

    Unquestionably, yes. What often happens is that the, "Buy now, pay later," factor kicks in. This leads to people frequently buying that which they essentially cannot afford but believe they will be able to do so by the time the bill comes in.

    I worked for almost twenty years in both retail and business banking (fortunately now long gone from it!) and have seen horrific examples of people getting in to horrendous difficulties in this respect.

  4. packerpack profile image60
    packerpackposted 9 years ago

    I would like to differ. I have a card but I have never overstepped my limit. I always use my card(s) keeping in mind that finally I have to pay!

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      same is me too I have 3 cards never go up the limit

      1. Balinese profile image38
        Balineseposted 9 years agoin reply to this

        i rare use my credit card - normally  use my  debit card -
        if i use my credit card  and  pay them by direct debit at 100 %  at the end of the month to avoid  any interest !

        1. Lgali profile image56
          Lgaliposted 9 years agoin reply to this

          enjoy extra benefit more after paying everymonth

        2. Lgali profile image56
          Lgaliposted 9 years agoin reply to this

          good one

  5. profile image0
    artspeckposted 9 years ago

    I agree with Packerpack, it's all down to the maturity and willpower of the card holder. I have no bother paying my card off monthly. The trick is simple-don't spend more than you can comfortably pay off.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      that is good trick

    2. profile image0
      ysdataposted 9 years agoin reply to this

      Perfectly put.

      1. Lgali profile image56
        Lgaliposted 9 years agoin reply to this

        maturity and willpower depends upon each person someepople can not resist to spend

        1. Laura Berwick profile image71
          Laura Berwickposted 9 years agoin reply to this

          I think that there is truth to both of these opinions. Maturity and willpower do seem to be of limited supply in todays 20-somethings (and beyond). I think that you need to have a credit card in today's society for emergencies, and to build credit, but that there are many people who should try leaving theirs frozen in a block of ice in the freezer. Then they have it if they need it, but the urge to spend compulsively is reduced by the amount of effort it would take to get the credit card. smile

          1. Lgali profile image56
            Lgaliposted 9 years agoin reply to this

            very nice take thanks

            1. alekhouse profile image83
              alekhouseposted 9 years agoin reply to this

              I've heard of the ice block trick before. Wonder if it works. I think credit cards make spending easy for most people. My hats off to the CC owners who are in control and don't have a problem.

              1. Lgali profile image56
                Lgaliposted 9 years agoin reply to this

                nice one

  6. profile image51
    MSmithHubposted 9 years ago

    Definitely yes and easily fall in debt due to it.

  7. knmentertainment profile image60
    knmentertainmentposted 9 years ago

    Credit cards encourage spending and cause inflation. People tend to buy regardless of cost when using credit.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      I agree ,that is the problm with many people

    2. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      that is realty

  8. ripplemaker profile image83
    ripplemakerposted 9 years ago

    No smile I buy only the things I can afford. big_smile

  9. sassychic profile image60
    sassychicposted 9 years ago

    Nope! I dont have one but I really think with all that crap with Wall Street and Credit Card companies that I really want to live in a tree and negociate if one walnut is better with a squirrel or fight over vegtables with a rodent in my backyard.

    Screw that crap, sorry but if there's going to be more work ethics as bad as it has been with that stuff who wants anything to do with a credit card?

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      I am not against them but I use them very carefully pay bill in time

  10. lisafwg01 profile image61
    lisafwg01posted 9 years ago

    I think the reason so many people get in trouble with Credit Cards is because they buy into (no pun intended) the false sense of security that the little piece of plastic offers them. They rationalize their overspending by thinking "I don't have the cash for this purchase but I have X amount on my card and can pay it off later." Meanwhile, they are spending more than they are bringing in, barely making minimum payments and paying ridiculous interest rates all so they can have the latest "thing."

  11. Lady_E profile image70
    Lady_Eposted 9 years ago

    Capital Yes! Impulse buying.

    What I do now is anytime I go shopping, I leave my Credit Cards at home.....

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      leave my Credit Cards at home....really strange

  12. waynet profile image72
    waynetposted 9 years ago

    Yes, they bully me and say that I'm an overspending idiot and I must spend more and more...here take the card, take it!!

    Spend it, Spend it!!!!

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      very nice

  13. Zeta Sfico profile image60
    Zeta Sficoposted 9 years ago

    Definitely yes for most people.

  14. Pete Maida profile image61
    Pete Maidaposted 9 years ago

    We never carry a balance so anything we put on the card we know we are going to pay soon.  That prevents us from going crazy with credit cards.

  15. Princess Kari profile image60
    Princess Kariposted 9 years ago

    yes

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      so majority is yes

  16. lumberjack profile image70
    lumberjackposted 9 years ago

    i don't have one!!!!!!!!!!!

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      good for you

      1. Lgali profile image56
        Lgaliposted 9 years agoin reply to this

        you have real money no plastic

  17. Lgali profile image56
    Lgaliposted 9 years ago

    Credit cards encourage spending and cause inflation-nice said

  18. profile image0
    wordscribe41posted 9 years ago

    Yes, they propel me into the "I'll deal with it later" mentality.  Dangerous stuff.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      that is correct make us spend more

  19. Whitney05 profile image83
    Whitney05posted 9 years ago

    No. Buy what I can afford and pay at end of the month. Or just buy what I absolutely need, and if it's more than I can afford at that moment, I only buy it if I know I have the money to pay it off in savings if needed.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      wise spending

  20. Lgali profile image56
    Lgaliposted 9 years ago

    I love the credit card with points or airmiles

  21. Lgali profile image56
    Lgaliposted 9 years ago

    any body like these airmiles?

  22. Stacie L profile image88
    Stacie Lposted 9 years ago

    Credit cards definitely make me spend more;actually they don't "make" me,they make it too easy to pile up the debt.
    One simple solution is to carry your credit card statement with you at all times .
    When tempted to buy on credit ,just whip out the statement and that should stop any temptation you will have.LOL wink

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      how about no just one card with very low limit

      1. Stacie L profile image88
        Stacie Lposted 9 years agoin reply to this

        yes, and when you go over the limit,a siren rings and they announce over a loudspeaker that your credit card was declined! LOL
        That would definitely stop the spending....smile

        1. Lgali profile image56
          Lgaliposted 9 years agoin reply to this

          good warning

  23. Anamika S profile image68
    Anamika Sposted 9 years ago

    I now know very well to control my spending and do not spend on anything that i cannot afford. But when i got my first Credit Card it was not so.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      cards are bad if we overboard

  24. profile image0
    dennisemattposted 9 years ago

    saying credit cards MAKES you spend more money is like saying McDonald's MAKES you fat.If a person is an impulsive shoppser, they will be, with or wihtout a credit card. But it is easier to go crazy with a card........dont ask me how I know......

  25. Ladybird33 profile image67
    Ladybird33posted 9 years ago

    For me Yes, Yes and more Yes's!!! So I use cash only...smart, huh? If I don't have, don't spend

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      cash spending is good idea but I think card are good to use if wisely I am scared of taking so much cash

    2. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      cash only good idea

  26. andromida profile image59
    andromidaposted 9 years ago

    No.

  27. Azur Moon Wolf profile image60
    Azur Moon Wolfposted 9 years ago

    Definitely not.  I only have one credit card and I only use it for the points.  Also, I only ever use it if I already have the cash for it in the bank.  The only debt I carry month to month is my mortgage payment - if I want a new car or the newest gadget I wait until I have the cash (also, by waiting a month or two the price usually goes down on most new things!).  If more people lived within their means or actually below their means, America wouldn't be in such the huge mess it is now.  I knew someone who actually froze their credit cards in water in the freezer so that if they wanted to use it they had to go home and wait for it to thaw out - usually by that time they realized they didn't really need whatever it was they wanted.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      wow you have all best advice

    2. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      good one

  28. Princessa profile image83
    Princessaposted 9 years ago

    Yes sad

  29. profile image0
    sandieganlizposted 9 years ago

    YES for most because it's a bank/rich-person stating, "here is some money for you to borrow and pay me back later, though, I will charge you about 20% of the cost for using it." Okay!

    No is for those who only see it as a security blanket or a bad temptation.

    Either way, it's advantageous to have because whether one uses it or not, it gives you the advantage of adding more $-bills to one's name/portfolio. And, here in the U.S., a lot of us want to be defined by how many $-bills we have behind our name, or, we want that extra power in case of emergency so that we don't plunder.

    If we spend it on frivolous things, we might regret it later and become angry with our own self for having such debt behind our name. If we get caught in an emergency, it is a lifesaver, but, with consequences--we have to pay it back, obviously. But, no big deal if one has other forms of security--savings, insurance, etc. Overall, I think credit cards just give a false sense of power, but, are useful in case of emergency.

  30. Misha profile image69
    Mishaposted 9 years ago

    Answering the title question - no smile

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      thanks misha for nice and long answer

  31. Bard of Ely profile image86
    Bard of Elyposted 9 years ago

    Definitely no!

  32. BundleBoy profile image78
    BundleBoyposted 9 years ago

    I guess it gives you a false hope and makes you spend more.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      false hope or no hope?

  33. RedElf profile image91
    RedElfposted 9 years ago

    I find I can usually ignore the siren call of the credit card. Leaving them home does help but most stores can just look you up under your phone number, so that doesn't always work. Love the ice block idea, though. Might suggest it to a couple of friends smile. Seriously, though, I find it hard not to overspend at Christmas, and the cards certainly make it easy to go over budget.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      very nice take

  34. Enelle Lamb profile image82
    Enelle Lambposted 9 years ago

    They can be a tantalizing trap for the unwary...hell even the credit savvy people can get caught over spending - and if you pay minimum payments, the interest will kill you...speaking from experience here LOL...

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      nicely said tantalizing trap

    2. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      yes

  35. sweigand profile image60
    sweigandposted 9 years ago

    They don't if you know how to use them. Some people don't realize that a credit card is not their own actual money! Don't spend what you don't have!

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      very good take

  36. Beth100 profile image73
    Beth100posted 9 years ago

    They lure of buying what you want on credit is too tempting.  This is a definite "Yes" as the credit card companies are the only ones benefitting from their usage.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      very nice

    2. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      i think we enjoy them if we pay in time.

  37. anujagarwal profile image62
    anujagarwalposted 9 years ago

    It always depends on person to person how they take the credit card. If you will see it as a plastic money, you are supposed to spend more but if you know, you have to repay the amount on time, you will not swipe it unnecessarily. I have just written a hub on the smart use of credit cards, to know the credit cards better and do not make it as a burden for you.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      very nice hub about this

      1. anujagarwal profile image62
        anujagarwalposted 9 years agoin reply to this

        Thanks Lgali. I use credit cards regularly and couple of times, they helped me to pay un-expected huge bills instead of taking a loan or asking someone's help.

        1. Lgali profile image56
          Lgaliposted 9 years agoin reply to this

          yes i do same too but i always try to apy without late fees

  38. Lgali profile image56
    Lgaliposted 9 years ago

    credit cards are good if we control our spending

  39. kmackey32 profile image68
    kmackey32posted 9 years ago

    Yes credit cards make me spend more and cost ya more than ya spend because of the interest!

    1. anujagarwal profile image62
      anujagarwalposted 9 years agoin reply to this

      Credit cards can make you spend more only if you are not paying the due amount on time. If you are paying your dues on time, credit cards are quite useful and beneficial.

    2. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      good take

  40. Jane@CM profile image60
    Jane@CMposted 9 years ago

    No, only spend what I can afford & rarely use a credit card unless I'm purchasing online.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      good advice

  41. love my yorkies profile image61
    love my yorkiesposted 9 years ago

    I deff spend more if I have my credit card with me.  However, am trying to curb the credit card monster and get back to being more responsible with it.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      good take

    2. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      very nice name credit card monster

  42. Mac Mission profile image60
    Mac Missionposted 9 years ago

    Yes exactly it doesnt spend it just screw like anything

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      very harsh words

    2. anujagarwal profile image62
      anujagarwalposted 9 years agoin reply to this

      lol smile

      1. Lgali profile image56
        Lgaliposted 9 years agoin reply to this

        very funny name

  43. Rochelle Frank profile image96
    Rochelle Frankposted 9 years ago

    No. Cards don't cause overspending. Cards are inanimate objects. At the most, they are tools. Like any tool they can be misused.
    People who overspend cause overspending.

  44. frankiectlus profile image59
    frankiectlusposted 9 years ago

    I haven't had a credit card in over ten years.  I have learned to live within my means and not try and purchase anything that I cannot pay for in cash.

    1. anujagarwal profile image62
      anujagarwalposted 9 years agoin reply to this

      That's really nice frankiectlus. But in India, if you want to book some flight tickets, you must have a credit card. They do not accept cash, I faced this problem two years back. Also there are things that you wanna buy online and can pay only by credit card. So if you are using your card where there is a need, it does not harm in any way. For me, I have always found it helpful.

      1. Lgali profile image56
        Lgaliposted 9 years agoin reply to this

        good one

    2. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      very nice i follow same theory no money do not buy throgh cards until i have enough to buy that thing

  45. frankiectlus profile image59
    frankiectlusposted 9 years ago

    If I need to pay for something with a card, I will use my debit card.  Same as cash.  If there is no money in there, than I can't afford it.  But I do understand the need for plastic.  Not having a credit card does cause some entertainment.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      VERY NICE way avoid credit card

  46. Lgali profile image56
    Lgaliposted 9 years ago

    i love my airmiles credit card today I ordered a ipod touch

  47. Lgali profile image56
    Lgaliposted 9 years ago

    yesterday I bought new game with my credit card points..this is extra benefits

  48. Philuc profile image47
    Philucposted 9 years ago

    Absolutely yes, I spend more with a credit card - and I never go over my limit.
    I would spend less if I didn't have a card with me since I rarely carry any cash.  I also spend more when I do carry cash.  In short spontaneous spending goes up.

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      good take

    2. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      good one

  49. Bard of Ely profile image86
    Bard of Elyposted 9 years ago

    Definitely no! I only use my card for online purchases and I don't do a lot of that!

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      good take

  50. profile image0
    isis_dreams2002posted 9 years ago

    oh yes and that is why I do not have one anymore

    1. Lgali profile image56
      Lgaliposted 9 years agoin reply to this

      thanks

 
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