Credit Card Is No Good

People in American are learning from the life style they have in the USA. The article in the Cnn news “ Living On A Cash – Only Diet” by Hibah Yousuf describes about some people life economic  situation. Some of this people said how they are saving their money. The people are no longer relying on credit cards. They have realized that the credit cards interest is to high. Now the people are using their debit cards or cash. The people want to stop owning money that’s interest its ridicously. People are reducing the amount they spend each month. They are only purchasing materials they need.

With this crisis going on  people are losing the hopes in USA. They are changing their living habits. I think it’s the best way people could do is stop using credit cards. People should purchase their necessities through cash so they are not worried of the bills each month. The interest of the credit card is to high and most people never end up paying it off. The people now realize what type of lifestyle they had. Is good buying material or luxuries, but the amount to pay each month is not good.  Many people will be saving money and use their money wisely.

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