I have been sans credit cards for 7 years now. It has added to MY bottom line. I also negotiate better prices on large ticket items when I pay cash-they save money too when we pay cash and they pass it on to us.
It really is not hard to do. We saved up an emergency fund to wean ourselves off using cards for emergencies. All we needed at first was 1K and now we have even more in our emergency fund. We did a debt snowball and started paying them off. We are in the final stretch of being debt free. As I am getting closer to the end-I can see how much those little percentages add up. It would not take much to seriously hurt the banks.
Count me already there.
My dream.... to pay for most of my house in the down payment if not pay it all. If we finance, it will be at 15 years fixed.
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