We have all seen the symptoms of a mid-life crisis in others, even if we can’t bring ourselves to admit suffering ourselves: tired, prospects not looking as exciting and increasingly overtaken running for the bus by younger, fitter types.
Did credit cards just get… fairer?
Or is it just an illusion, created by clever marketing speak?
Dealing with out-of-control credit card balances used to be relatively simple. You’d swear an oath to stop spending, carve up your old credit card and apply for a new balance transfer card to clear your debts.
With Easter holidays soon upon us, our thoughts again turn to holidays. Buying a new bikini, getting a hair cut and even having a spray tan are often much higher on the holiday preparation list than more practical things like ensuring you have enough foreign currency. This can often be an expensive mistake.
Unless you have been living on the moon for the last couple of years, it is hardly a secret that the economy is in a mess. There is a common misconception that it is almost exclusively those who have lost their job, or who are on low incomes, that are suffering.
For many of us, credit cards pose as a ‘saintly saviour’ to let you use money you don’t have yet – then quickly become ‘the devil’, when you realise how they are designed to extract as much money as possible from us.
