Ditching plastic has benefits, expert says, but consider complications before cutting the cards
Getting a new financial start in the new year may mean ditching credit cards in favor of cash.
Although living without credit cards has financial benefits, a K-State expert said there are a few things to consider before taking scissors to your plastic.
“Living without a credit card is possible, although a little more effort may be required,” said Jodi Kaus, who directs K-State’s Powercat Financial Counseling. “Lifestyle choices regarding spending habits, travel habits and the like have an impact on whether living without credit is practical.”