I never believed it when people say it. But when I think of how much stress (the lack thereof of) money has brought into most of my adult life, it makes me believe that maybe money may really be the root of all evil. I got my first credit card when I was fresh out of college and my financial life has pretty much been a yo-yo ever since.
But enough blaming the credit card industry because they didn't force me to charge anything in the first place.
Got to Face the Devil
June 19th, 2009 at 05:02 am
June 19th, 2009 at 12:16 pm 1245413811
Just sayin'.
June 19th, 2009 at 01:48 pm 1245419338
June 19th, 2009 at 03:22 pm 1245424930
June 19th, 2009 at 05:33 pm 1245432795
I am sssssssuuuuuuuuuurrrrrrrrreeeeeeee that has changed. But it worked as far as learning to live w/o credit debt all these years.
I think this will be the technique to use on my kids when the time comes. Let them get an American Express that has to be paid in full every month. Still 10 years away...
June 19th, 2009 at 08:38 pm 1245443933
We allow people to drive at 16. They can kill someone and be killed. They have much higher chance to crash between the age of 16-25. Should we protect them from themselves and not let them drive until 26?
I don't think you should have it both way. You are either an adult that has rights and bears responsibilities for your decisions, or you should not be allowed to make any adult decisions.
No one from Visa ever held a gun to my head and made me charge things I could not afford. If a person can't afford something but needs it anyway, I don't think it is the credit card company's fault. I don't understand people who say "they should not have extended me this credit". Well, you did not have to take it, and it would produce the same result as them not extending it.
Can I blame a bakery for gaining weight? Yes, I know don't HAVE TO eat it, but they put it right in their display window that I pass on the way to work. They don't even ask what my cholesterol is before selling me a cake! They don't care if I drop dead from a heart attack and don't take time to investigage if eating this cake would be the best thing for my well being. Are they evil?
June 20th, 2009 at 02:49 am 1245466194
June 20th, 2009 at 02:28 pm 1245508090