Cash is Cash and Credit is ouch!

Holidays and gift giving is just around the corner and you are out and about looking for gifts to buy before you select the gift ask yourself if you are okay with paying double….

Double, yep even if on sale as on average credit card purchases across North America end up costing twice the original cost (and even more) once you finally pay off the gift by using minimum payments on your credit card.

Imagine, fighting traffic to get to the mall, fighting for a parking spot close to the doors, fighting the crowd to the store and even fighting for the last one at the sale price – not such a deal if you end up paying twice or more for the item….

So smile at your credit card in the wallet or purse and instead reach for either cash or debit card.