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Double Edged Sword – A.K.A The Credit Card.
By Retire Early - Retire Happy - Retire Rich In Singapore  •  May 4, 2013
I think that to many out there who are adverse to debts treat credit cards like it's the bane to their existence. They are wary of the high interest rate it carries should payment not be made on time. Legal Loan sharks, I feel is a fair description. But whether you carry credit cards or not, there are definitely benefits and disadvantages that you should know of.

As for myself, I do carry several credit cards. However I pay them off as and when throughout the month and definitely once more at end of every month. You might call me paranoid, which might be true, but i really don't like seeing a debit balance on my credit card statement. On second thoughts, i think i might have mild to moderate obsessive compulsive disorder. Why you ask then do I use credit cards? The reason for me is not to free ......
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By Retire Early - Retire Happy - Retire Rich In Singapore
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