Originally Posted by
Moses Yoder
I inherited my father's spending habits, which are terrible. If I have money, I spend it. I have been without a credit card now for about 10 years I would say. My wife has several, one for Amazon and one for emergencies. We had to replace one once and I think to have a backup in case your card is compromised is taking planning to an extreme; it would really not be that hard to go without a card for a few days. With the proximity of ATMs, I would say if you need a credit card the most you would really need is one good one. More than that is a luxury.
The problem is if you are traveling. You're in some other town and your card has been cut off. It's really nice to have a backup card.
Or, you go to buy gas and your card is rejected. You don't know why but you need gas and you don't have a bunch of money in your pocket. Maybe you can go find an ATM to get some cash but that takes time and sometimes you're in a hurry.
I have a backup credit card and I think it's a good idea.
Mike
Go into the world and do well. But more importantly, go into the world and do good.