If I think back on all of the things that I have used credit cards for, none of them were emergencies. When we first bought our home we didn’t have a washer and dryer. I was five months pregnant and didn’t feel like going to a Laundromat to wash and dry clothes. So we bought a brand new washer and dryer. I won’t neglect to mention the times that we used credit cards to pay for bills and vacations as well.
Never was it used for a life or death emergency, only for the “I WANT IT NOW” emergencies.
I no longer have credit cards. This was one of the best financial decisions that my husband and I could have made. We have been credit card free for four years now.
Without a single credit card, it was scary not knowing what we would do if the car broke down, or if my husband lost his job. What if ends didn’t meet? How would we make it? We had become so dependant on the credit cards that it had become a crutch that was keeping God from achieving His full potential in us.
Not having a credit card forced us to begin saving for emergencies rather than just for retirement like we had been doing in the past. But most of all it forced us to depend on God’s providence. Since canceling our credit cards never have we not been able to meet a need. The credit card was really restricting us from fully depending on God to provide.
If you are considering doing away with credit cards, pray diligently for the faith to believe God’s word in that he will provide for you and your family.