Smart Money Magazine provided this information to Yahoo Finance!. The article "10 Reasons I'm Cancelling My Credit Cards" is by Brett Arenda and posted on Friday, July 8, 2011. You will find it very interesting and helpful. I'm listing the categories, but you will want to read the article.
#1 I'll spend less; #2 The card bonuses aren't worth it; #3 Cash makes budgeting easy; #4 Less worry about identity theft; #5 Fewer impulse purchases; #6 I can still shop online (prepaid card);
#7 Say Godbye to debt; #8 Privacy; #9 Cash rebuilds the link between what I earn and what I spend; #10 Cash helps peopole I want to help (merchants & suppliers - no fees).
It's the best starting place to get your financial health together!
