Comments on: Credit Cards are Evil Just as Knives are Sharp

By: Carnival of Everything Money

Carnival of Everything Money — Mon, 22 Feb 2010 05:43:07 +0000

[...] a short, but insightful commentary piece, PF Credit Cards points out that Credit Cards are Evil Just as Knives are Sharp. When people complain about credit cards being evil or money-sucking, they need to remember that [...]

By: Rich Life Carnival #34 | Rich Life Equals Better Life

Rich Life Carnival #34 | Rich Life Equals Better Life — Mon, 04 May 2009 17:01:39 +0000

[...] presents Credit Cards are Evil Just as Knives are Sharp posted at PF Credit Cards, saying, “If you are going to complain that credit cards are sharp, [...]

By: how to administer your money carnival - April 18, 2009

how to administer your money carnival - April 18, 2009 — Sat, 25 Apr 2009 01:47:50 +0000

[...] presents Credit Cards are Evil Just as Knives are Sharp posted at PF Credit Cards, saying, “If you are going to complain that credit cards are sharp, [...]

By: how to administer your money carnival - April 18, 2009

how to administer your money carnival - April 18, 2009 — Sat, 25 Apr 2009 01:47:50 +0000

[...] presents Credit Cards are Evil Just as Knives are Sharp posted at PF Credit Cards, saying, “If you are going to complain that credit cards are sharp, [...]

By: Personal Finance News Carnival Volume 4 | Peak Personal Finance

Personal Finance News Carnival Volume 4 | Peak Personal Finance — Fri, 17 Apr 2009 03:21:14 +0000

[...] presents Credit Cards are Evil Just as Knives are Sharp posted at PF Credit Cards, saying, “If you are going to complain that credit cards are sharp, [...]

By: tom

tom — Mon, 13 Apr 2009 15:55:58 +0000

Yes, credit cards are just another tool for us to use for good or bad.

If you use it for the wrong reasons, then it is your fault and you shouldn’t blame others.
However, it is human nature and laziness to point the finger elsewhere but yourself.

I mean if you use the credit card for what its intended to, it acts as a way to leverage without costing you interest. The risk is put on the company instead.

By: SJ

SJ — Mon, 06 Apr 2009 19:11:59 +0000

J: Your post was win =)

I agree… just don’t get into credit card debt and be happy.
OR if you must… get into it when you are young bright eyed and it’s only like.. an ipod debt or so.

As for the populist approach — Either go all in or fold =)! socialism or capitalism woohoo~~ (jk kinda)

By: The 31st Bankruptcy & Debt Carnival. Live Links Here…

The 31st Bankruptcy & Debt Carnival. Live Links Here… — Mon, 06 Apr 2009 14:35:36 +0000

[...] presents Credit Cards are Evil Just as Knives are Sharp posted at PF Credit Cards, saying, “If you are going to complain that credit cards are sharp, [...]

By: Carnival of Twenty Something Finances: NCAA Final Four Edition 4/6/2009 | Weakonomi¢s

Mon, 06 Apr 2009 10:57:43 +0000

[...] presents Credit Cards are Evil Just as Knives are Sharp posted at PF Credit [...]

By: Penelope @ Pecuniarities

Penelope @ Pecuniarities — Mon, 06 Apr 2009 10:21:28 +0000

I’ve been getting a little tired of hearing complaints about how evil credit cards and/or credit card companies are, too. The credit card holder is 100% in control of how much is spent.

I recently wrote a similar article, if you don’t mind my sharing, Who’s to Blame for Your Spending? You or You? in which I addressed this sort of complaint.

Regardless of studies conducted on the tendency for credit card users to overspend, it all still boils down to one thing: choice. Credit card companies don’t force you to spend beyond your means nor refuse to let you pay your bill in full each month; it’s all on the consumer.