Infinity Group Australia goes in depth with what people face when they rely on credit cards when they make their purchases. While it is bad enough that a lot of people put themselves in a lot of credit card debt because of the amount of money they spend on the products they buy, there are also plenty of other issues that can come from credit card use. Graeme Holm touches on these issues when he talks about why people should use cash in order to stay out of debt. Credit card holders often learn about these issues the hard way.
One thing that can happen to people who rely on credit cards for purchases is that they will experience technical difficulties. They often come in the form of the transaction not being able to be completed. It is common for a store to experience some kind of difficulty in processing credit or debt transactions. However, another issue that can come is actually costly. For instance, some transactions can duplicate for the consumer. This can result in some surprisingly high bills. Another major issue with credit card use is hidden fees. Many credit card users do not read through everything before they sign the agreement. This results in a lot of nasty surprises. Learn more: https://www.facebook.com/infinitygroupaustralia/
These are just some of the reasons that Infinity Group Australia recommends avoiding the use of credit cards and relying on cash for spending. There is no hidden fee for using cash. Also, cash is very simple in that there is very little room for technical difficulties. One does not have to worry about any double charges. Once the last penny of cash is spent, one is not going to go into the negative. Basically, one is not going to be able to spend what he doesn’t have if he sticks with cash.