blake wrote on Tue, 29 Sep 2009 11:53:46 -0400:

>> "Kswck" > wrote in
>> :
>>
>>> When I first heard about debit cards, I thought they were
>>> stupid. Why would anyone use one when you can get a 20 day
>>> grace period before paying with a credit card?
>>>
>>> Then I learned that a debit card is great for those who have
>>> credit card problems and want to limit spending to only that
>>> which they can afford at the time-and they don't figure,
>>> 'well I can always pay it later' only to find that they
>>> cannot.
>>
>> I have two debit cards and two credit cards, and I use debit
>> whenever I can. I also have two lines of credit, connected
>> to both debit cards, which I clear off every month, unless
>> I'm carrying a large amount, like this month's car repair
>> which I put on a credit card and will transfer to my line of
>> credit. It will take a while to pay off.
>>
>> A debit card is cash. And you rarely need to carry much cash
>> with a debit card.

> i still like to have some cash in my pocket. there are no
> 'acceptability' issues with cash.

> also, on the rare occasions i pay a restaurant tab with a
> card, i will leave the tip in cash. i think servers prefer
> this.

Probably because a tip written on a card slip has to be shared with
other staff.

--

James Silverton
Potomac, Maryland

Email, with obvious alterations: not.jim.silverton.at.verizon.not