A Woman's Weekly

So, we continue our book review on our little ‘If I really wanted to Simplify my life I would…’ book.

To be honest, I almost wanted to skip this chapter for discussion here at A Woman’s Weekly because it’s such a touchy, touchy subject.

But then I thought, oh what the heck, let’s face our little demons Boys and Girls, and get it over with. Who knows, we may actually *gasp* learn something from it. Right? Right….

Anyway, comments will be closed after two weeks.

Keep only One credit card

Always pay: for first or last you must pay your entire debt. – Ralph W. Emerson

There are few things that complicate life as completely as debt and the management thereof. So why not avoid credit cards altogether? Unfortunately, it is now impossible to rent a car, travel without carrying a large amount of cash, or carry out any one of a half dozen other functions we take for granted without at least one credit card.

So don’t cut up all your credit cards – cut up all but one and use that one sparingly. Imagine your life without the stress and anxiety of worrying about unpaid bills and the hours of free time you will find when you no longer have to pour over a stack of statements. Life will be much simpler.

Debt and worry are Siamese twins.

I just caught an episode on TV where Rachel decided to grow into her independence from her parents by cutting up the credit cards that she had on her that her parents were paying for. All that anxiety and still they make it funny enough to laugh. Ahh… those F.R.I.E.N.D.S… they crack me up all the time.

Anyhoo. I only want to say that I agree wholeheartedly with this chapter and I am working, slowly but  surely, on implementing all advice on debt management.

Your turn.

Tags: books, credit card

This entry was posted on Tuesday, February 17th, 2009 at 9:50 am and is filed under Books & Magazines, Reviews. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.