Credit card or cash! what should I use more?
Neither, use the PerkStreet debit card.
Seriously, though, ask yourself this: Do you currently carry any credit card debt? If you do, the answer is cash.
Otherwise, you can do what I do and use a rewards credit card. The requirement is that you must pay it in full each month (most banks even allow you to automatically pay it off on each due date.)
The cash back is why I prefer credit cards, though some people will appreciate the boost to their credit score by responsibly managing credit.
Related Discussions
- 23
Senate Vote Makes Strategic Defaults on Credit Cards Moral
I just wrote a hub on this, but what I want is to have a discussion here. This is the issue: the senate voted on 5/19 to forbid the states from setting caps on interest rates for credit cards. The injustice of this is that the state in which the credit cards are issued, namely South Dakota and...
- 14
If you pay off credit cards by getting a loan out, aren't you in the same positi
If you pay off credit cards by getting a loan out, aren't you in the same position still?Maybe a loan won't have interest increase like credit cards, but what is the best way to get out of this situation for good?
- 28
Dealing with credit card debt or debt all together
Let me start off with roolllff! Everytime I look at a bill I get sick, everytime I need to bust out a credit card just to make it to the next month I wanna puke. Trying to get along in a busting economy is making me sick. I do need advise, good advise in a couple of areas,...
- 25
What is the best way to raise your credit score?
My husband and I are looking to buy a house in the upcoming year. We have run into some trouble looking for a lender because our credit is, for lack of a better term, crap! I am looking for ideas on how to raise our scores. We pay our bills on time, so that isn't the...
- 5
Credit Cards Ins & Outs??
Now, what comes to your mind when you think of credit cards? Well, to some people it means having alot of extra cash that doesn't belong to us, at that moment, but we have an option to spend it. If decided to spend the money issued on that credit card, you must now take initiative, that it's yours....
- 29
Credit Card Debt
What questions would you like to see answered about credit card debt?