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As a debit card is just as easy to use as a credit card, the argument that I'm likely to spend more with a credit card is bogus as well. Except for the credit

by neilk 18y ago

As a debit card is just as easy to use as a credit card, the argument that I'm likely to spend more with a credit card is bogus as well. Except for the credit card continuing to work even if you don't have the funds right now?

Psyonic 18y ago
Unfortunately, so will be the debit card (til all the charges go through, at least). Then you get the wonderful luxury of paying multiple $35 overdraft fees on top of your bills, which is exactly what you need when you're hurting. Cash only is probably the best policy for these people.
- wmf 18y ago
  Once in college I ran my bank account balance to zero and my debit card stopped working; all transactions were refused and thus I was spared any overdraft fees. Maybe some debit cards aren't as good, though.
- graywh 18y ago
  Which is exactly what Dave Ramsey advocates.