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Old 03-10-2011, 05:22 PM  
woj
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Join Date: Jul 2002
Location: Chicago
Posts: 47,882
Quote:
Originally Posted by seeric View Post
Couple things about credit cards Vs. debit cards

1) no interest on debit cards. fuck paying interest on anything. i am liquid. i have the cash. i wouldn't buy anything but cars and houses with credit.

2) no one carries tons of cash anymore, unless you are a pretend baller with a hundy wrapped around 20 different smaller bills. debit cards are immensely convenient. and you can run them as credit, which protects you and the the things you buy.

3) credit cards are ruined for people who are very money smart. i wouldn't touch any of the new credit card offers. they're sucker cards.

This is just another way for the banks to profit and prey on the people who are the most cash strapped.

If I missed anything feel free to list.
1 + 3 are pretty weak reasons, as long as you have some financial discipline you wouldn't pay any interest on credit cards anyway... (as long as you pay your balance off each month)
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