Tag Archives: elementary rules of credit

The Curse of the Passersby Chasers and the Bastardization of the Credit Card

Take this post as a rant or call it anything. It is difficult to talk about “modern day debt slavery” as we mentioned in the last post, without getting angry at the perpetrators.

In an even earlier post, we discussed about the “Curse of the Plastic – Why We Should Beware of Credit Cards.”

Well, it is the same “curse” that is worth discussing hundreds of times. We need an overkill on this very important issue.

Credit card debt is like an “Achilles heel”, an area where common folks like us, are most vulnerable. It is so pointless trying to save unless we solve our vulnerability to get victimized by this curse.

Continue reading

Posted in Credit Cards, Debt Crisis, Savings Discipline | Tagged , , , , , , , , , , | Leave a comment