Comments on: Credit cards, debit cards, and cash–which way of paying is best?

By: danish

danish — Sat, 06 Mar 2010 10:04:48 +0000

Now i prefer to use debit card because i can make sure that expenses is not more than my budget

By: Presh

Presh — Thu, 06 Sep 2007 20:44:53 +0000

@Anonymous: Good point about overseas travel.

@Joon: Checking balances on the internet is very helpful, though I usually do it every week.

By: Joon

Joon — Thu, 06 Sep 2007 18:07:49 +0000

I utilize an array of different credit cards for different situations. I only really use cash in small amounts for convenience.

I check my credit card balances daily, so I really would have no method of understanding my spending habits if credit cards and the internet did not exist.

Also if I had the means to make it rain, someone would go to the ATM for me.

By: Anonymous Tipster

Anonymous Tipster — Fri, 24 Aug 2007 04:14:23 +0000

Two more points worth considering…

1. Debit-Cards have a higher liability if stolen.

2. Card-Cards are your best bet for overseas travel. (Unless you’ve got a global bank account or have already converted currency.)

By: Presh

Presh — Fri, 24 Aug 2007 04:04:30 +0000

@Joe P and Rohit–good point that credit cards help you track expenses better than cash. I prefer to make a written record of every thing to be absolutely sure of where my money is going (will write about this later) .