One Credit Card is enough!
Yesterday I received a call from a credit card company asking me for my personal info since he said that I am qualified to receive a credit card from their bank. Since, I already have lots of credit cards and that 3 of those were already closed (thank heavens!), I told him that I am not interested and that I don’t need another credit card.
I originally plan to get rid of ALL my credit cards in my recent post, and yes I am still motivated to do that but just like any other women that switched mind quite often, I realized that I need to maintain at least one credit card. What for, you may ask?
First of all that card will only be used for emergency purposes. I am not asking for it, but what if we need to rush someone to the hospital and it’s a holiday and that all the banks are closed. We all know and it’s sad to accept that almost all hospitals in our country do not accept patients that doesn’t have money for down payment, so a credit card can still save the day if this unfortunate circumstances happen.
Second, I want to have one due date for all our utility bills. Last year I forgot that our internet bill was already due and before I knew it our internet connection was already suspended. Having only one due date for our Meralco, Maynilad, Phone and Internet subscription will save me from the hassle of paying. Besides it will still earn me some credit points.
That is why I think ONE credit card for the whole household is enough, just as long you know when to use it.
what ever happens in life we should always remember to live life to the fullest