Credit card has been life style right now because people are hypnotized with the benefit of this card. Actually it is not too good to use credit card in our business and payment processing because the card will only make you spend more money which is actually unnecessary, there is lot of people who spend too much money until they can’t pay back the credit card bill. It is not a wise decision actually especially when you have enough money but you were delaying the payment using your credit card.

Credit card for me is only used for getting discount and promo only. It is worth enough for me if we can get the discount in average 10 – 30 % less than a normal price. Without that discount I won’t use my credit card. Why I should pay in the next if I can pay now. It only makes me feel that I have extra money to be spent but actually I don’t have it.

Credit card is like two eye sword. In the one eye you can use for your benefit but in the other word you only feel terrible to use this. What about you?

This entry was posted on Friday, October 17th, 2008 at 4:40 pm and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.