CREDIT CARDS

Do you know any of them? Had u got it one for yrself? What yr views towards it?


Credit cards,… Credit cards, credit cards…these is alot of these now floating around us. All sizes, shapes n lots of design, ads is everywhere, splashing at every sights we could see n handle. Ads were shown how these people get to enjoy life, living luxuriously. How they were seen like the smart guys on their peaks of the world, looking like the next cool “James Bond”. On top of it, there are so many roadshows, populated the places u go.

I notice the market nowadays are targeting mostly on women. Lady’s card (DBS), UOB Visa Mini, The Black Card / Sliver cards, AMEX (American Express) are using women as the main characters in their ads. I had to admit now women do have high purchasing power than before…as they come out to society earlier than guys (having national service). They also much more tend to spend on things for pamper themselves willingly. E.g. purchasing the latest gadget in the town than really checking the specs on wat it can do.

Little gers and boys (students) had been asking you for their survey, as well as getting to know how much yr salary and yr savings.. These infamous questions like; Which one u like the best (design? benefits), which costs the lowest fees among all? You will be also told of paying up just the minimum sum of money e.g. service fees n interests fees… without much worry (these are what they mentioned: the lure/ bait).


Even news lately, are directed on them, so has credit card really is the “in” thing in town or has become a part of parcel of life just like our handphone. People started taking sides (advantages and weakness; oppose and the supports). As credit card speak out of language in the prestige n status of people are at stages of life. Carried in hand or in our wallets is much like a shining amour we have. No longer wallets are seen to be bulky, bugled with our walled up notes. But now, we are able to take our whole fortune around with us everywhere we go, with jt these thin-line cards. Using it causally, help to shown or flaunt our riches. It is the access to our future money, money will never be lacking, and as long we are able to keep our jobs.

There are people who welcome all this wave of credit cards. They are in fact so taken liked of it, inventuretly it had becoming their hobbies in collect all sort of credit cards (cos now these card comes in varieties of fancy designs then). Some even lure to the benefits (discounts for their fave stores), so they accounted they in fact save much mre by using credit cards. And they mentioned they are able to keep up in paying up the bills (I take it they are very disciplined with their money as well as financial stable).
On the other hand, there are also some who oppose it. They suffered in incurring huge heavy debts before they could forewarn abt it, especially when they are young high flyers. It is the first time they handed large amount of money, they tend to go abit haywire. Buying things they cannot afford when they are just a poor struggling university students, things that are materialistic (wants not needs), little luxury items n wining in the expensive classy places, even getting themselves the first car they could able lay their hands on. Each mth, they can spend more than they earn, paying jt the minimum like the banks’ promises. Little did they know how much their debt had amounted til the banks could no longer loan them funds anymore. Banks started to haunt them more than ever, chasing for prompt payments mthly. This may go on not just for months but also perhaps years ahead. It hit them most; get discouraged, borrowing from parents. They can’t be any carefree as their counterparts, laden with heavy burden of debts.
In fact, newspapers even mentioned that Singapore is rapidly becoming one of countries that had suffered from credit cards debts.

These are jt the points of view from the writer. The writer had no credit cards but currently holding three debit cards.. Cos the service fees are cheaper n the amount of spending is limited to the amt of saving u had.. To me is a safe, wise choice, since Im nt a disciplined person (weak willpower) also. J Plus there is so many temptation around us, hard to resist, making us confuse what is a really a want indeed or a need.