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Did you weep or celebrate cutting up your credit cards?
Some people feel panick closing down and cutting up their credit cards. Did you celebrate or sulk?
I'm interest only in replies by individuals who have cut up their credit cards.
I'm interest only in replies by individuals who have cut up their credit cards.
voted interesting: hushnow
answers (1)
Definitely both! It was a bitter sweet experience. It's scary like you're hanging on a ledge. If something happens you personally have to come up with the money to cover it. At the same time, most expenses that we use a credit card for can wait. As far as emergencies go, you can usually make payments or do without.
When my husband and I decided to cut up the credit cards and get out of debt, our car broke down. We thought that cars were a necessity. I think not having a credit card to fix the problem, changes your point of view pretty quickly. The things we thought we "needed" we found we could do without. I believe that people get put in a box- so to speak- and they start to think certain things are necessities when they really aren't. Cutting up the credit cards requires you to think outside that box.
At the same time, cutting up the credit card was liberating. It was almost like saying, okay we're adults now and we are going to be independent. If we can't find the cash to pay for something, we don't get it. Saying, "No" is something an adult does. Saying, "We want it now" is something a child does.
When my husband and I decided to cut up the credit cards and get out of debt, our car broke down. We thought that cars were a necessity. I think not having a credit card to fix the problem, changes your point of view pretty quickly. The things we thought we "needed" we found we could do without. I believe that people get put in a box- so to speak- and they start to think certain things are necessities when they really aren't. Cutting up the credit cards requires you to think outside that box.
At the same time, cutting up the credit card was liberating. It was almost like saying, okay we're adults now and we are going to be independent. If we can't find the cash to pay for something, we don't get it. Saying, "No" is something an adult does. Saying, "We want it now" is something a child does.
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I celebrated, I can save money, and I'm free from having too share with the bank. I have my life back.
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