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Author: RingwraithV Three stars, 500 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308881  
Subject: Re: Color of Money Date: 10/2/2003 1:13 PM
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But would everyone feel the same way if the friend had cash instead of a card? Either way, it had been stated, the friend would have been paid back.

I agree that lunch was a want and not a need, but good grief! It isn't as though those credit cards are proxies for demonic evil. The analogy is spot on, the comments about spending more are spot on, etc, etc, but the author didn't say, "Hey, I don't have cash and you have a credit card, let's go get ourselves the biggest steaks Morton's has!" Thus, the liklihood of spending appreciably more money on lunch was unlikely.

Sorry, but I have to pull the Reality Check Yellow Card on this one.


PS -- no, I didn't miss the greater point about being wise in the use of such financial vehicles...I just think the jumping off point for the discussion was ridiculous...
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