Comments on: Why NOT Cut Up Your Credit Cards???

By: Gregory Despain

Gregory Despain — Sun, 17 Jan 2010 05:41:36 +0000

Yup, you hit the nail right on its head and told it as it is. Keep up the great posts. BTW, getting into a large amount of debt is a nightmare and I learned it the hard way. I’ve since then almost paid up all of my debt though and wrote about it at http://HowToGetRidOfCreditCardDebt.org

By: Harriett Truluck

Harriett Truluck — Sat, 28 Nov 2009 13:39:14 +0000

Hi there, I just found your blog whilst I’m hunting on online as I am seeking some material on debt relief!. It’s a very interesting website so I bookmarked you and intend to return another day to enjoy a more indepth look when I’m more free.

By: Carnival of Personal Finance #179 - Smile Edition | Credit Card Information

Carnival of Personal Finance #179 - Smile Edition | Credit Card Information — Mon, 17 Nov 2008 10:32:42 +0000

[...] Writer presents Why NOT Cut Up Your Credit Cards? Suggesting that there are other ways than to just cut the credit cards [...]

By: Jeremy Day

Jeremy Day — Thu, 13 Nov 2008 00:25:46 +0000

Hi Ross,

Thanks for visiting. You are right, we need to be accountable for every dollar spent. Although credit cards are good to have for emergencies I would still recommend having a cash emergency fund that you can use of at least $1000 and up to 6 months of your living expenses. Dave Ramsey’s The Total Money Makeover is a good book to read on the subject.

Cheers,
Jeremy

By: Ross

Ross — Wed, 12 Nov 2008 13:50:29 +0000

I'm all for managing money better rather than cutting up credit cards! They are really important as a "back up" last resort for emergencies, and the real problem is mismanagement rather than not needing them. I'm putting my hand up here also for being guilty of mis-managing credit cards, but I totally agree with your post. Being accountable for every dollar is a good place to start. Ross’s last blog post..How to stay inspired in tough times