Sometimes you have to wonder how we ever existed without the credit card. Since I cancelled my American Express credit card there’s a huge range of goods and services I haven’t been able to access. Some of the basic things I took for granted were lost to me, even the simple act of buying a plane ticket to Florida. It seemed like only a few years ago that cash was the preferred way to get stuff, but those days are long gone now.
It is a global phenomenon buying products or services with your American Express credit card without even caring whether or not we can afford them or even need them. Using your American Express credit card may be convenient but there is a cost for the convenience of paying at a later date. Credit card debt is mounting everywhere. In America it is true to say that credit card debt is probably one of the biggest problems facing us.
After considering this I decide to get rid of my American Express credit card at least for the present. Parting with your money that you don’t see leaving you is easy and makes you spend more. Before too long as the spending started to spiral out of control I had to admit that I had been charging everything to my card irrespective of what it was. The debt became too great for me to pay and I didn’t know what to do.
To get my debt back into a position where I could pay for it I resorted to using a debt refinancing company. This is not something I ever want to happen again. Today, I am American Express credit card and debt free. Don’t think I am making excuses when I blame my credit card because you are not taking into account basic human psychology.
I was more conscious of the cost of things when I paid for goods in cash. The credit card just made it so easy; you don’t even look at the cost. Spending money like it was going out of fashion and it didn’t take long before it was gone. Now there is no American Express credit card; so no problem.
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