Credit Cards are a bigger threat to happiness than terrorist attacks.

The title speaks for itself doesnt it?

Think about it...

How else can you spend more money per month than you earn?

Credit creates a false sense of monetary security by enhancing your account balance with credit floors that artificially expand your spending power.

i mean, sure you can use it to buy that new piece of furniture, or that new high tech gizmo now, because you think you can afford it later when you get your pay.

But of course that leads onto the slippery slope argument. What goes for one will soon go for all.

Take this for example. a furniture powerhouse offers a card that allows you to spend up to EIGHT TIMES your salary and credit it to your account.

i don't know about you, but the Singaporean in me cringes when i spend a single cent more than necessary. God knows how people deal with interest rates. For me its give all or give nuts.

Credit empowers people to succumb to short term pleasures that bely the onset of the pain of high debt.

For me, im using a debit card and it rocks. Thats because it doesnt let me spend more money than i have at the moment.

And thats all that i need... yea...

So i plead. do not succumb to the siren sounds of credit and the allure of gold, silver and platinium cards... It is for the greater good.