I have to admit, my credit is pretty bad and we can not get a credit card. BUT I also have to admit that’s a good thing. Not about our credit, but about not having a credit card. See that is the funny thing we can not get a 5,000 credit card limit to prove we will pay, but we can get a loan from the bank for over 7,000 for a car.
Oh well, back to the topic at hand. I know a lot of people live off credit cards and to be honest that is a bit scary. I can not imagine myself using a credit card to pay for small purchases, because that would only lead to paying damn near 10x more just for that item. I mean that’s a bit silly don’t you think?
Having a Credit Card doesn’t always have to be a bad thing though. I honestly wish we could get one only for emergencies. If the car was to break down I would love to have a way to pay to fix it, because we have no savings I know not a good thing.
Shop Debt Free is helping one of the readers make a payment on their Credit Card, this weeks giveaway is for 100$ cash. I am not sure if you need to have a credit card to enter. I do not and I am entering it doesn’t say on their site so I am guessing no. If I win I will use it to set up a savings so I do not need to stress the what if’s.