My wife and I do not have a credit cards or checks. There are lots of reasons why we do not use them, but the main reason was to save money. After looking at how much money we were spending on late fees, interest, penalties,,,, we decided the banks were charging us too much money for such a simple service.
Credit cards – Its a personal financial decision we have made, no credit cards. If we had them, we would most probably run up the bill and put our family in debt; and that is something we do not want to do. To avoid the temptation of using a credit card, and paying the interest and fees, we just do not have any.
My ex-wife, while we were married, she ran up a credit card bill between $30,000 – $35,0000. Every card we had was maxed. It took us years to pay that down, we had to go through credit counseling, collection companies were calling all the time,,,,,,,,, it was a bad time in my life. To avoid all of that again, an to avoid the temptation, my new wife and I do not have any credit cards.