I've just discovered how dangerous I would be if I allowed myself to have a credit card...

Liz, you are a woman; it goes with the territory!

/tempted to edit to read "young lady" but won't at risk of depressing oneself!

I only use my (personal) credit card for booking flights and holidays, or anything else that'd benefit from the free insurance (also got a direct debit set up each month to pay the balance in full). Got into way too much trouble with them when I was a lot younger.

See...this isn't helping, it's just tempting me more in to getting one. I got my new bank card through the other day coz the other is due to expire and Mark was instantly accusing me of getting a credit card but I hadn't, but then does that suggest maybe I am predictibly (is that a word?) dangerous? lol

I'd be smart with it....I'd pay it off straight away to avoid charges....!!

xxx

don't do it.

Everyone starts with that intention, but most people only wind up that way once they've had some bad experiences.

Unless you *really* need it - such as for work travel expenses - don't get one.

Ok *deep breath* I'll be good and not get one... lol xxx

Liz it's not a good idea, trust me! Been there done it, it's not a good place.......... I think i just heard my parents then.

I have one for online buying (extra protection) and in case of an emergency. So if I break down in the middle of nowhere I can pay to get home

But I haven't use it in that long I don't know my pin anymore.

Someone told me in some conference yesterday that 2 million households are paying their mortgages with credit cards at the mo.

Sounded like BS. Is it?

I'd never be stupid enough to do that, but I guess times are desperate for some...

Credit cards were how I financed my twenties and I wouldn't change any of it.

However, had I not been made redundant twice with decent payouts - I'd probably still be paying them off, so certainly not recommending it.

Used wisely - you'll manage it but set a budget so that you don't overdo it...

One word - Nooooooooooooooooooooooooo

I spend around £1.5k - £2.5k/month on credit card, paid of by directdebit each month. Ridiculous credit limit imo of around £7k

1. Nice to have as a buffer if needed short term

2. Cash back is worth £200 a year ish

3. big ticket items (£100+) carry insurance if the company goes bust

Responsibility with them is soo important

As a student I got one with a £250 limit (woohoo) - went out with mates I paid the bill, and everyone gave me cash, that didn't get paid off until my Mum found the statement !