For the love of God, I have too many credit cards!!!
Ok, I just read that 1 in 7 Americans has 10 or more credit cards. Honestly, I thought the number would be higher. I just checked my wallet to see how many credit cards I have; what’s truly terrifying is I’m not entirely sure. How much do you want to bet that it would be more like 3 in 7 Americans or higher that have 10 or more credit cards if they actually knew how many they had.
Ok, so I’m counting. 1, 2, 3, 4, 5…12. My god. I have 12 credit cards. 1 is a bank card. Does that count? Probably. 3 are legitimate credit cards. One I have for frequent flyer miles (because I can afford to travel, lol). Two are just regular mastercard and visa. And the remaining 8 cards are all store cards. Store cards are the worst offenders: high interest rates, huge late fees. And they suck you in. You don’t really think it’s a credit card when you’re buying it, and you always get that huge discount when you open the card.
I can think of at least five of these cards where I was like, “Well, I don’t really want the card, but that 20% discount is tempting…I’ll just get the card for this one purchase and then…” but then nothing. I end up using the card all the time.
Ok, here’s my promise, every day from now until Christmas, I cut up one of these store cards. Why do I need 8 store cards? I don’t think I even have any money available on any of these cards. I think they’re all maxed out. I’m in a cold sweat just thinking about it.
So, today’s goal: cut up the Victoria’s Secret card, call up the company and cancel the card, sigh a huge sigh of relief. And then have myself a good cry.
M.
