CreditCardBubble.com

The term “Credit Card” begs a question: why is it not called a “Debt Card”.  It was a brilliant marketing move to avoid calling them what they really are: Debt Cards.

Here’s an idea that you might find helpful.  The next time you take out a credit card, look at it and think to yourself (or say it aloud if you think it will help), “This card in my hand is a Debt Card.”

Sure the bank offers you credit, but once used, it is absolutely debt.  Teach your children to call them debt cards, too.  They may thank you for it in the future.  Think, “This card in my hand is a Debt Card.“

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This entry was posted on Monday, March 24th, 2008 at 4:51 pm and is filed under Credit Card Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.