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You Spend More Money When You Use a Credit Card
silverkingcobra
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6-3-2008 2:48 PM
93 views
tags:
finance
,
money
,
budget
,
credit
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/775582ec-b8bc-4f08-9193-20217ee83535/844B79CE-99C6-456A-84D0-865E2605F7B4/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.moneycrashers.com/you-spend-more-money-when-you-use-a-credit-card/" href="http://www.moneycrashers.com/you-spend-more-money-when-you-use-a-credit-card/" style="font-size: 11px;">www.moneycrashers.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneycrashers.com/you-spend-more-money-when-you-use-a-credit-card/"><H1 class="title"><A href="#"></A><A rel="bookmark" href="http://www.moneycrashers.com/you-spend-more-money-when-you-use-a-credit-card/" title="Permanent Link to You Spend More Money When You Use A Credit Card">You Spend More Money When You Use A Credit Card</A></H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneycrashers.com/you-spend-more-money-when-you-use-a-credit-card/"><P class="PostInfo">Posted by author as <EM><A rel="category tag" title="View all posts in Credit and Debt" href="http://www.moneycrashers.com/category/credit-and-debt/">Credit and Debt</A>, <A rel="category tag" title="View all posts in Spending and Saving" href="http://www.moneycrashers.com/category/spending-and-saving/">Spending and Saving</A></EM></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneycrashers.com/you-spend-more-money-when-you-use-a-credit-card/"><P>Many of you, including prominent personal finance bloggers, often write about using your credit card for everything during the month, then pay it off at the end of the month in full. You rack up tons of reward points and cash back bonuses, and you tell others about how you’re playing the system. But, have you ever thought that you might be spending more money than you normally would if you paid with cash? The reason that I bring this up is that I am definitely in the minority when it comes to the use of credit cards. Many of you think they are a tool if used responsibly. I think they are a trap. They lure you in to make it look like you can play the system by racking up all of the reward points, but then that ONE time you don’t pay it off in full or miss a payment, they win. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneycrashers.com/you-spend-more-money-when-you-use-a-credit-card/"><P>This is why I think you shouldn’t use a credit card even if you pay it off in full each month: </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/844B79CE-99C6-456A-84D0-865E2605F7B4/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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