finances

Cutting Up My Credit Card

 I’ll never forget the day I cut up my credit card. I performed this plastectomy on my baby blue Wachovia card 2 months ago. It was the best feeling ever. Looking back, I don’t miss it one bit.

You see, I used that card as a “crutch.” When I couldn’t afford something at that moment, I would swipe it and always say “Oh it will get paid off.” In reality, the debt and interest just kept building on itself and before I knew it, I was in $1,000 or so of debt in just a blink of an eye. Perhaps you know the feeling.

Dave Ramsey inspired me to cut my card up. I did even before it was paid off and the temptation to swipe no longer exists. I buy only what I have in my account- in cash mainly. Sometimes on our debit card. My husband’s credit card will be paid off this weekend and we will be credit card debt free. We still have student loans and a car payment to go, but we are on our way to being debt free.

I can sum up credit cards in one word: bondage. Just like all debt.

 

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