View Single Post
Old 03-14-2022, 12:48 PM   #489
Slava
Franchise Player
 
Join Date: Dec 2006
Location: Calgary, Alberta
Exp:
Default

I can see one credit card with a low limit, just to make sure that you stay out of too much trouble. I just don't know how feasible no credit card is these days? You basically need it for everything now, so it seems like it would be tough to get by without one. I know that you can get Visa Debit, and maybe that covers enough of the bases so that you can do it, I'm not too sure?

I was in a meeting once and this older advisor (I'd guess around 60-65) was telling the group that he didn't have a credit card and didn't believe in them. I was astonished. I obviously understand the interest issues and that kind of thing, but they're just used for almost everything at this point. That was prior to the Visa Debit being a thing, so I guess this guy was just cash only for things like hotel room deposits or whatever. That seemed a little extreme to me.
Slava is offline   Reply With Quote
The Following User Says Thank You to Slava For This Useful Post: