No. of Recommendations: 9

How do you feel about the studies that show that people tend to spend a lot more if they use credit cards vs paying cash?

http://seekingalpha.com/article/20333-guide-to-credit-cards-......

I do find it's easier for me to spend money if it's just plastic versus green pieces of paper.

As always, your mileage may vary.


Indeed. OTOH, I have read that about half of the CC accounts pay the balance in full every month.

I think it depends on how you view your credit cards. We view them as a check that you swipe instead of write.

Evidently plenty of people view them more like magic wands that you wave to get free stuff. They view now as now and next month as somewhere far away lost in the mists of time.
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