Quote:
Originally Posted by Tsar
I see your point and I partially agree. But in MY OPINION (that's so no one get but hurt later on) CC's are way more secure than cash. If you remember a while back my CC was stolen by a Valet attendant and he treated himself to a nice sum of 2k of expenses for his gf, baby and himself. Well, if I had cash who would return it to me? NO ONE!
I pay for everything with my AMEX, everything. If I need gas I buy gas, If I want a piece of gum I buy it with my CC too, If the drives side cat in my fbody goes bad I pay with AMEX too. However unlike most people I pay the card off at the end of the month, so I do not have to pay the APR. As far as the gas station go, I skip the ones that charge more for the CC, I would rather go to the station that charges me MORE but has one set price. It's the principal not the 10 cents that I care about.
I used to carry cash all the time, and my bank account was at <100; however when you wallet gets stolen the cash rarely comes back... I have reversed the trend, I only carry a few dollars of cash now, and my CC. Cash is for tolls to visit my gf, because parkway doesn't take CC's.
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Would you be carrying $2000 cash with you at a time? If not, then that doesn't really apply. People usually carry a lot less cash then their credit limit.
That said, I am the same way with my AMEX card. I've had one ever since I was of age and I use it for damn near everything I buy. The whole under-$25 no sign thing works great too. One swipe and I'm out the door.