Using my CC for purchases I have the money for.
1) I just didn't like the feeling of using it at all.
2) I can see where it can get out of control. No damage done yet, but decided that the risk is too great.
3) I will lose track of purchases....I did yesterday. Again, no damage done....but I am not going to let it.
Additionally note about all of this .....
I checked the statement, and even though I paid the 10k balance, I was still left with $73 in interest!! I didn't account for this at all. So with my yesterday purchases (again....I have the cash for all of them) and the interest, I am up to almost $200 on this card. NO!!!!!
So I will pay the charges, and before the next billing cycle ends (sept 13), I will pay off the interest. But this interest just gets me....I don't understand how people don't pay interest when they pay off their bill. I still got charged interest. Unless this is just for new purchases, and I am still paying the penalty for previous indiscretions.
I am still going to use the card for specific LARGE purchases....like one I am making on Wednesday. But that is it. No day to day purchases, even if I have the cash. One day doing this has taught me that I am not responsible enough yet.
I promised you I would be honest with you. And this one gets a C+/D- in the implementation category.