Now here’s a scandalous statement; I do not own a credit card. I do not believe in credit cards.
It’s not that I don’t believe that they exist, for they do indeed exist.
Rather, I don’t believe that there’s any longer a need for this continuous line of revolving credit, that we’ve all gotten so used too.
There’s simply no reason for us to keep dipping our hands into the pockets of others in order to “afford” our daily bread.
It’s not like we have too put everything we purchase on credit.
We do it now because we’ve gotten used to the feel of it.
It’s become a mind-set that we baptize our children into.
Turn 18, apply for a credit card.
And why? Because that’s just the way things are done.
Even the language we use around this adhoc system of permanent short-term loans, which is what credit cards actually are, is just so deceptive.
We call them credit cards when in fact they create nothing but debts.
Yet we go on merrily marking our accounts with debits, that we can’t afford. Meaning that in the long-term, we owe more money to others than we actually have.
But don’t worry you can pay it off overtime. Only of course, few of us ever really do.
Most of us add far more to the mountain than we could ever seriously hope to chew through in the time allotted to us.
And let’s face it, there is nothing what so ever about owning a credit card, that ensures personal credibility.
More often than not credit cards contribute to the ever-growing trend within out society to deny our personal responsibilities.
In fact 9 times of 10 owning a credit card can be argued to encourage people to routinely display acts of poor financial judgement accompanied by a very limited sense of personal responsibility.
Gone are the days of saving up for what you want.
Now instant, plastic, gratification rules.
Yet it appears the more easily we come by things, the less our capacity to value anything becomes.
I remember back in the 80’s when the talk of the town was the wanton waste that first world countries thrive on.
Flip top societies I believe we were being called back then.
Use it, break it, waste it, bin it.
Then Bob Geldof‘s Live Aid Concerts came along and expanded our awareness that we were constantly throwing away items willy nilly, that those in third world countries could live on, in or under.
For awhile we felt chastised by the ease of our own greed and repented by pledging huge sums of money to poorly run aid organizations.
Until they then too became such big businesses that the corruption within them became inevitably yet another part of the money hungry chain.
The collapse of our conscience became once again only a hop skip and jump away.
So we stopped donating to others and started donating even more greedily too ourselves.
Like dieters deprived of chocolate for more than a week, we feasted on the smorgasboard of modern life and then when the time came to pay ,we simply purged ourselves clean with the cloak and dagger routine known as a personal bankruptcy claim.
And through it all, we learned nothing more than the nifty little trick of being good for a year or two, before gorging ourselves again.
My Grandmother used to say; ‘Act in haste, repent at leisure’.
But these days I don’t think we even do that.
We might grumble a bit about the intrest rate payments on our credit cards, but we don’t repent and we don’t stop using them.
And here’s the point, the reason we don’t stop using them is because they’ve become a way of life.
Yet they are a way of life that we don’t actually need.
We’ve just been fooled into thinking that we do because they’ve been promoted as making our lives so much easier.
After all they’ve made us safe…… haven’t they?
They stopped us from having to carry great wads of cash around and made us feel as if we no longer had to worry about being mugged in the streets.
They stopped the threat and fear that we had of having our houses broken into and ransacked by thieves looking for bundles of cash.
Yes credit cards made it safe for us to walk the streets at night and leave our houses unattended while on holidays.
If only they had, then perhaps it would have been all worthwhile.
Now days of course crime has gone high-tech and a million and one internet scams have shot up overnight with the potential to wipe out not just a wallet full of money but an entire bank account in one foul swoop.
But hey, we don’t have to worry about that now either, seeing as how so few of us actually have any savings in our accounts to draw on.
Is it just me or does anyone else wonder what’s so credible about living life with a credit card these days?
Safer? Smarter? More credible?
I don’t think!!!!