Declined

A colleugue at work once asked me,

Eh Khairul, do you have a credit card?

And i replied,

Poor man like me where got credit card. Debit card got lah!

She replied back,

Actually, a rich man owns a debit card.

Though i'm still thinking of wat she says, it's a fact that in order to have a credit card under your name, you have to earn quite considerably to be eligible. I've never really liked the idea of havin a credit card. Depending on how u see it, a credit card to me is taking a loan from a legal "Ah Long". It's not as if you're using your existing money to pay for what you spend on it even though you do pay it back at a later date. In a way, u owe money.

Credit cards do not pose a problem until it comes to a time where ur bills started to accumulate. I've read stories about people who owns multiple credit cards and runs into the trouble of being declared a bakrupt. Some even pay their credit card bills using other credit cards! Whoa! When will it end?

Many of us are aware of such things. And we will always say that we have good self-control and strong discipline not to overspend. No matter what the excuse is, the temptation to charge to the credit card is always there. C'mon! We are living in a materialistic world. Money IS important to our daily lives. (and it's never enough!)

For me, i only own a debit card. I can onli use when there's money in the account. No money, no honey. Haha! A debit card allows me to make transaction in other countries where the local bank is not available. I can even use it for transactions on the internet. Credit cards should be looked at like a FIRE EXTINGUISHER. Use only when necessary.

A debit card works just like a credit card. It has yearly fees. And it helps to control ur indulgence. Yes, i do agree it feels nice to own a credit card. It makes you feel important, distinctive and 'rich'. But at a price!

To me, even if i do own a credit card (i wonder when), it would only be one card. For Emergencies or Travelling only. Having more than one will make you grow horns, a set of wings and a tail. Haha! My advise to those who are not eligible yet to own one, try not to get even one. For those who have more, i dare you to cut all but one of your credit cards. Would you do it? DO IT, DO IT!! CUT IT CUT IT!!!! Haha!!

As the advertisement goes... 'You Only Need VISA.'