Do you, by choice, not carry (or use) a credit card at all? I would like to hear from people who have made the decision to go credit card-free. How long have you been without plastic? Why did you kiss credit cards goodbye? How has living credit card-free working? Has it created any problems?
The reason I ask is I’m thinking of stopping carrying credit cards at all in 2009. Despite the old debt I racked up and am still paying, I’ve been good about not going into any new debt for some time, but I also have found that I don’t even like being in short term debt (i.e., owing a credit card company every month for last months purchases). I’m finding I’d rather just pay cash or with my debit card.
The transition isn’t as easy as it seems. I have recurring charges set up to credit cards that I’ll have to change, and of course I have to endure the gap in which I pay the credit card bill for last month’s purchases in addition to all of this month’s purchases in cash.
So please let me know if you live credit card-free and what it’s like!