Comments on: What was the World Like Before Credit Cards? http://moneysmartlife.com/what-was-the-world-like-before-credit-cards/ Money Tips for a Better Life Mon, 15 Mar 2010 23:43:20 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: buzz http://moneysmartlife.com/what-was-the-world-like-before-credit-cards/comment-page-1/#comment-9296 buzz Tue, 12 Jun 2007 04:22:50 +0000 http://www.moneysmartlife.com/2006/11/29/what-was-the-world-like-before-credit-cards/#comment-9296 I'm a geezer. Back in the old days, people paid with cash, wrote a check, or signed on the dotted line, to be billed later. Honesty, thrift and common sense seemed more prevalent back then, and the pace of life was slower. It really wasn't so bad. I’m a geezer. Back in the old days, people paid with cash, wrote a check, or signed on the dotted line, to be billed later. Honesty, thrift and common sense seemed more prevalent back then, and the pace of life was slower. It really wasn’t so bad.

]]> By: Money Smart Life :: Carnival of Debt Reduction #64 http://moneysmartlife.com/what-was-the-world-like-before-credit-cards/comment-page-1/#comment-142 Money Smart Life :: Carnival of Debt Reduction #64 Mon, 04 Dec 2006 07:30:24 +0000 http://www.moneysmartlife.com/2006/11/29/what-was-the-world-like-before-credit-cards/#comment-142 [...] The Carnival of Debt Reduction #64 is up and running over at Necessary Virtues. Credit cards have brought some positives and many negatives to the world of personal debt. I ask the question, What Was The World Like Before Credit Cards? [...] [...] The Carnival of Debt Reduction #64 is up and running over at Necessary Virtues. Credit cards have brought some positives and many negatives to the world of personal debt. I ask the question, What Was The World Like Before Credit Cards? [...]

]]> By: SCapitalist http://moneysmartlife.com/what-was-the-world-like-before-credit-cards/comment-page-1/#comment-117 SCapitalist Thu, 30 Nov 2006 03:01:28 +0000 http://www.moneysmartlife.com/2006/11/29/what-was-the-world-like-before-credit-cards/#comment-117 The world was a much uglier place... $700 purses and $300 jeans were much harder to come by! =P The world was a much uglier place… $700 purses and $300 jeans were much harder to come by! =P

]]> By: moneysmartz http://moneysmartlife.com/what-was-the-world-like-before-credit-cards/comment-page-1/#comment-116 moneysmartz Wed, 29 Nov 2006 22:35:43 +0000 http://www.moneysmartlife.com/2006/11/29/what-was-the-world-like-before-credit-cards/#comment-116 What is the first thing you do when your wallet or purse is stolen? Probaly call and cancel your credit card. I hardly ever carry cash but I guess before credit cards you had to have money in your wallet. If you lost your wallet, you lost the money. What is the first thing you do when your wallet or purse is stolen? Probaly call and cancel your credit card.

I hardly ever carry cash but I guess before credit cards you had to have money in your wallet. If you lost your wallet, you lost the money.

]]> By: moneysmartz http://moneysmartlife.com/what-was-the-world-like-before-credit-cards/comment-page-1/#comment-115 moneysmartz Wed, 29 Nov 2006 22:31:34 +0000 http://www.moneysmartlife.com/2006/11/29/what-was-the-world-like-before-credit-cards/#comment-115 What did people do when they had an unexpected medical emergency and didn't have cash to cover it? What did people do when they had an unexpected medical emergency and didn’t have cash to cover it?

]]> By: bluntmoney http://moneysmartlife.com/what-was-the-world-like-before-credit-cards/comment-page-1/#comment-114 bluntmoney Wed, 29 Nov 2006 21:03:17 +0000 http://www.moneysmartlife.com/2006/11/29/what-was-the-world-like-before-credit-cards/#comment-114 Interesting questions. I have no idea personally, and google tells me that Diners Club issued the first card in 1951. But I wonder if that was really a credit card and not a charge card? I imagine though that people either paid cash for things (most often) or were extended personal credit in the form of "tabs" from people who knew them personally. Interesting questions. I have no idea personally, and google tells me that Diners Club issued the first card in 1951. But I wonder if that was really a credit card and not a charge card? I imagine though that people either paid cash for things (most often) or were extended personal credit in the form of “tabs” from people who knew them personally.

]]> By: Flexo http://moneysmartlife.com/what-was-the-world-like-before-credit-cards/comment-page-1/#comment-112 Flexo Wed, 29 Nov 2006 14:45:32 +0000 http://www.moneysmartlife.com/2006/11/29/what-was-the-world-like-before-credit-cards/#comment-112 Credit cards have been involved in my life since I was a teenager, and before that they were certainly present in the world. I'm with you -- I never existed in a world without credit cards. Before credit cards, there still was such a thing as personal debt. It seems the credit card industry insitutionalized the idea and allowed debt to become more socially acceptable. Credit cards have been involved in my life since I was a teenager, and before that they were certainly present in the world. I’m with you — I never existed in a world without credit cards. Before credit cards, there still was such a thing as personal debt. It seems the credit card industry insitutionalized the idea and allowed debt to become more socially acceptable.

]]>