Do you Prefer to use Credit Card or Pay Cash

credit card is always convenient!!! how I love this thing! I'm glad someone came up with the idea...whoever invented the credit card is so brilliant! besides I do my banking at home from the computer- i could keep track of my money easily.

I personally think that paying up front in cash is much better for your money, and overall of the majority of people, it will save you more money than any credit card deals. Let me give you an example. Say you bought a T.V for $1000. 1. If you bought it with cash, you would have to go to your bank, or whatever means and withdraw that money and pay at the cash register. You would then see how much money it costs, and you will acknowledge that it has to be something worth it. Also, you don't have to pay any more fees ( except taxes ) 2. You use your credit card because it is so convenient, with a limit of $5000 a month, you are not scared. You happily hand them your card and in no time you are just bought that brand new T.V and your credit card company has a 1% back guarantee, so you only spend $990! Ok, lets say you miss your payment on your tv, with interest rates of 20-25% you will actually be paying about $1200-1250 for the TV that only cost $1000 before, as you either just paid down the minimum or didn't pay at all! 3.But there`s another option that has the convince of a credit card and the security of cash!It is a debit card, which is the ideal way to pay! This is because you do not ever have to pay an interest fee, because you are just paying from your bank balance! It will as convenient so you have no excuse not to us it. I hope this has helped some of you out with a preferable method, but paying in with cash in your hand is the ideal way.

Of course the credit card companies make money off you if you only carry a balance. I pay it all off when the bill comes in thus paying no interest. I also get a one percent credit that I can but groceries or buy a new car depending on which one I use. I doubt I will be buying a new car anytime soon, but you never know. I always need groceries however. People are foolish to carry any balance as you get nothing for paying interest. That couch you cannot live without on sale is no bargain if it takes you years to pay off on credit as any savings will soon disappear in service and interest charges. Credit is a skill like any other life skill and unfortunately does not seem to be taught in school.

I do not like to have a credit card balance on my cards at the end of a month. I would rather just spend the money that I know I have in my account. I use a debit card for my purchases, which is pretty much cash. I do not like to carry a whole lot of cash, in case my wallet/purse gets stolen. It is easier to use my debit card. Then that way I can track all my expenses with my online register. Credit cards can be bad news, because people see that they can use this money that they dont necessarily have. I also dont like the fact of interest on a balance. It is just like throwing the money away. I use my credit card for emergency purchases or only if I plan to pay off the entire balance before the end of the cycle. That is why there is such a problem with our country because they live on credit, and rely on the money that they dont have and are using of someone elses.

I have just one credit card, for emergencies which I might as well get rid off as I don't use it at all! I use cash as far as possible. If the amount is large I use a debit card.At least the money that is spent is mine and I don't have to worry about it. Not to mention the fact that I know my limits.I don't like the idea of spending money that I do not already have.

I like to use credit cards because they give the point for exchange the stuff or oil coupons.They make me comfortable but if the shops have charged fee i will not use cards.

It depends on what I'm purchasing. Some things, like air tickets, are cheaper on the Internet, and you can only use credit cards. But I usually like to use cash, or debit card. you

I would prefer to pay by credit card as I do not have to use cash. At least it makes me feel I have the cash longer in my bank. However, I am careful not to overspend such that I exceed my credit limit and spend beyond my means.

Hello, it depends on what I am buying. If it is something for around 20 dollars or less then I prefer using cash.The last thing I paid with a check/cash for was a car. It was something my b/f and I really needed since our last cars transmission was about to go out.But I seriously thought about putting the purchase on my credit card and I would have paid off the card the following month.

I always use credit card in purchasing an item. But I make sure that I have available funds to pay it come my due date. I usually transfer funds from my savings account to pay it. It this practice I avoid paying interest to the bank issuer of my credit card. Then come my annual fee due, I use my points to waive the annual fee. By using credit card, I avoided bringing too much cash whenever I go to the mall.

I prefer paying cash. You get to bargain and you are in a win win situation all the time. No after effects. meapas.

Hello Iriene88 this is checkmail and currently donot have an credit card, but even if i had, would hve prefered to pay in cash as there is many problems with credit card payments.Its interests rates are too high, which are nealry double or triple to that amount if kept pending.It always better here to pay in cash rather than using credit card.

I pay with either cash or check. With cash you watch the money leave your wallet...you know it is no longer yours and you know how much you have left. And with checks, I write it down in the book at the moment of payment, so I know how much I have left there as well. I don't believe in credit cards because you are paying with money you simply don't have, and I don't see any reasons for it. It's more for "convenience..." but I've never been for convenience and instead focus on what is practical and the best thing for me. Debit cards are a little better in my eyes because you are using the money you do already have...but it's very easy to forget to write it down (ahem, my husband's problem) and therefore, you can get racked up with bank fees. I hardly buy anything other than groceries and necessities anyway, but when I buy anything I want to know how much I'm spending and how much that leaves me with.

i prefer to use cash. the reason why i don't get a credit card is because it's easy to be out of control with it. if you have the means and you see something you like, then you want to have it. so in order for me to live only within my means, i don't use a credit card. credit is good when you go shopping but when you start paying your debts, there's really nothing good about it.

If you have cash in your hand much better to pay in cash than paying credit card. If you are not good in spending money wisely, use cash because if you are using credit card, you can not control sometimes the expenditure and before you know it you have enough to pay or you may exceed to your credit limit and it is a problem in the future. If there is promo it could be wise to use credit card, after all the points you may collect will be accumulated.

I read in a magazine that females can attend to more things at a time than man. That might explains why men are mostly target oriented while females care also about corelated factors. Very often, my husband fulfils only half of the things I asked him for, unless listed on paper. Otherwise, he would tell me I did not tell him in the first place. Have you met similar cases?

i dont use credit card...i use Debit card..the fact is that i dont want to get a loan or buy anything in loan.. my fact is that if i am gonna buy anything using credit card, then it naturally means that i am borrowing something and paying back after sometime... i have this complexion, so i never use credit card.. i use my Debit card always to purchase anything.. sometimes i use cash..if it exceeds my debit card length i use cash.. according to me cash is the most trusted and welcomed way to do shopping.. this is my fact.. i am very happy to respond.. happy mylotting..

I don't want to used credit card because this is a kind of burden. You always lure to buy something if you have credit card. Because you know that you can easily buy anything with that card but it's hard to pay when bills coming into your door step...

as a student,i must choose to use cash,because if i use creid card,i woundn't pay for my ahead expenses.every time,my cash always outflow instead of inflow!how sad!

I don't understand the concept of others. "You get rewarded for spending money on expenses." It's black and white for me enough to see that these banks wants people to use their credit cards because in the end, money would come their way. That also is very clear for me to see that people, who uses those credit cards, would lose money on things they may not really need just to earn some points on some bank. I don't see the wisdom in such a logic. Why would you allow yourself to increase your expenses just for mere points when one can just pay for it outright and prevent oneself from gaining unwanted debts? Unless if what you're paying for can become an asset sometime sooner or later... I don't have credit cards. I use only debit cards. But if I will get a credit card, I will not use it than if I have to buy myself an asset, it could be land or a business, depending on the circumstances.