12/16/2008

I stand corrected

I mentioned my post about the coke machine credit card to some friends. They agreed with those that posted here...that they would use it for the convenience too. Which I agree--it IS convenient and for that reason I stand corrected. But I still think far more people would use it (not because they don't have any cash on them, but because they have no cash period) and would carry that coke on a balance for months/years making a $1.25 soda cost them $125!

6 comments:

Andrea said...

I know what you mean. I have a very hard time NOT having cash with me and worry about using plastic for all the willy nilly stuff. For the longest time I didn't even have an ATM card and would go and cash a check every week, which would be my allowance and any purchases came out of that....maybe I should start doing that again, it would certainly force me to stay on a budget.

Ruth Anne said...

That was definitely the math girl in you talking. Since people don't know how to pay off their credit card bills, I will have to agree.

Queen B said...

Yeah, you have a solid point there. As someone who carries $0 credit card balance month-to-month, I wasn't even thinking about that...just convenience :)

Kim Thomas said...

LOL, you are right, that would be one expensive coke.

Ann said...

This is why I prefer cash. :)

Jane said...

cash is king :)