Credit card – the dreaded piece of plastic that has put so many people in financial ruin. The most popular thing to do with this thing is to use scissors to cut it up in pieces.
But I think the credit card is really given too much flack. A bit too much more than it deserves because it can actually be a very useful item for a person who wants to have financial control.
Personally, if given the choice, I would whip out my credit card to make any purchase or payment if possible instead of using cash. And here are the reasons why: