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Money Plan SOS

The no-debt approach to living a full life in a country addicted to credit cards, car loans, and an unrealized bondage to “building a good credit score”.

This show will make you think differently about the way we handle money - while also encouraging you to save and spend wisely.

This feed offers the 200 public releases of the Money Plan SOS podcast, plus bonus recordings never heard before on Apple Podcasts, Spotify or Google.

Enjoy! And pay attention - not interest!

The Money Plan SOS podcast was retired in December 2015, the month Steve and his wife paid off their mortgage!

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  2. Lies We Tell Ourselves To Keep Our Credit Cards

Lies We Tell Ourselves To Keep Our Credit Cards

Mar 28, 2014

#149: People love their credit cards.

Why?

They aren’t valuable. They can’t be traded or sold. And they cost people a lot of money and often their freedom.

I’ve been separated from my credit cards for over seven years and can tell you: I don’t miss them a bit.

Now that I’m coaching people through their debt problems I get to hear all the same lies I used to say that justified my reason for keeping the plastic crutches.

Here are some of the lies people tell themselves so they can keep their credit cards?

“I only use my card for things I’m already going to buy anyway.” 

“I only use this card for the points.” 

“My credit card interest rate is blah blah blah.”

 and more.

For more information, visit the show notes at https://moneyplansos.com/lies-we-tell-ourselves-to-keep-our-credit-cards