Do not use debit cards. If someone steals the info from a credit card, you can refuse to pay the bank. If someone drains your bank account with a debit card, the bank can refuse to pay you.
I had one back in the '80s, when they were just called ATM cards. I also had a husband who thought money grew on trees. When I left him and came back to Kentucky in '93, there were no ATMs. So I got used to using a credit card for everything, and never jumped on the debit card bandwagon.
I believe in cash, "good for all debts public and private", unfortunately it's an uphill battle. The people in charge want us to use plastic; It requires less security on their end, makes it harder to be aware of how much you are spending, keeps a paper trail of what we spend money on.
My health insurance requires I pay a $5 copay for doctor visits. I have 3doctors in the same building as part of the Penn System. Last year they stopped taking cash. I contacted the money department and was told check or credit/debit card but when I went there they wouldn't take a check, only plastic. They don't refuse to allow entry, they'll bill you. OK, 3 doctors twice a year is 6 bills for $5 by mail then process the 6 checks I send back. I wonder what it costs them to collect that $30 I'd gladly pay on the spot?
People! We are not powerless, they are big and powerful but you can kick 'em in the balls and run. xoxoxoBruce
Do not use debit cards. If someone steals the info from a credit card, you can refuse to pay the bank. If someone drains your bank account with a debit card, the bank can refuse to pay you.
ReplyDeleteCan't drain your bank account if you have nothing in it.
DeleteI had one back in the '80s, when they were just called ATM cards. I also had a husband who thought money grew on trees. When I left him and came back to Kentucky in '93, there were no ATMs. So I got used to using a credit card for everything, and never jumped on the debit card bandwagon.
ReplyDeleteI believe in cash, "good for all debts public and private", unfortunately it's an uphill battle. The people in charge want us to use plastic;
ReplyDeleteIt requires less security on their end,
makes it harder to be aware of how much you are spending,
keeps a paper trail of what we spend money on.
My health insurance requires I pay a $5 copay for doctor visits. I have 3doctors in the same building as part of the Penn System. Last year they stopped taking cash. I contacted the money department and was told check or credit/debit card but when I went there they wouldn't take a check, only plastic. They don't refuse to allow entry, they'll bill you. OK, 3 doctors twice a year is 6 bills for $5 by mail then process the 6 checks I send back.
I wonder what it costs them to collect that $30 I'd gladly pay on the spot?
People! We are not powerless, they are big and powerful but you can kick 'em in the balls and run.
xoxoxoBruce