this post was submitted on 21 Aug 2023
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Do you use a credit card? Why or why not? (discuss.tchncs.de)
submitted 1 year ago* (last edited 1 year ago) by Blaze@discuss.tchncs.de to c/personalfinance@lemmy.ml
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I know this might just reflect financial culture differences across countries, but let's give it a try

Edit: as a clarification, I meant credit card compared to debit, not to cash

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[–] Im14abeer@midwest.social 3 points 1 year ago (1 children)

Are you not aware of the grace period? If you pay your bill by the due date no interest is charged. You get to use the bank's money for the better part of a month for free.

[–] Usernameblankface@lemmy.world 1 points 1 year ago (1 children)

I am far too forgetful for this to change the outcome for me.

[–] Im14abeer@midwest.social 1 points 1 year ago* (last edited 1 year ago) (1 children)

Fair, but they will send you a bill. I do understand the struggle of staying financially organized though, I churned credit cards for a bit and it can be overwhelming staying on top of everything, even if you've got a system.

Edit; a word.

[–] Usernameblankface@lemmy.world 1 points 1 year ago

Yeah, I've tried working my money different ways, and found a system that works for me. I think it's worth losing out on the benefits to have less things to keep track of.