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Thursday, April 28, 2005

Australians eat $200m in Easter eggs

Credit card spending:

"Australians spent a seasonally adjusted $16.5 billion in March 2005, up 6.6 per cent from March 2004."

This article is like it has been written in note form and they have forgotten to fill in the gaps for the reader. It's very staccato. Yes, we love our credit cards. I have read so many articles just lately about how bad and stupid we are with the fantastic plastic. They seem to overlook they made us go that way. I can remember the big push to get us away from cash, because we preferred it and onto plastic. I was one of the last to succumb. I hated plastic cards. Well...look at me now. And look at them. No matter what we do we are wrong. When we all ran cash we had people being mugged , shops being held up and banks being robbed. I remember being at one of our big shopping centres just after a big bank hold up. We were all in mourning. It was horrible and a big shock to us. We didn't want to live like that. We didn't want the bullet proof windows in banks either. It made us feel alienated and not in our own country. So we took to plastic. Eftpos doesn't always work when you get told you may only withdraw $50. Credit doesn't always work when you get told, oh no,sorry, we don't do credit it costs too much. I always reply I don't do cash because that costs too much. The price we paid in human damage wasn't worth it when people thought they could just rob who and what they wanted because it was okay. It's not okay. Films don't make it okay. Video footage of others doing it does not make it okay. It is not how the world is. I use credit a lot. Eftpos to me is not secure enough. It's linked to my money in the bank and I can't get enough money out. Credit...I buy, I pay bills, I order on the phone, I can do all the spending and managing I want. Then I pay it off at the end of the month. I don't have to faf around with wads of cash. I don't have to worry about this account and that account. I buy, spend pay. And from the repayment records over here it's how we seem to be. Limits can be set by the banks. If people are not managing the credit limits...don't give them the limits, don't make it so easy. But don't tell us we are stupid and can't manage our money and don't know what we want. I also want my reward programmes and I also like my savings. Do you know what? I can think for myself. I did it with financial advisers who advised me and didn't act like my parents. They gave me good solid advice and no mention of stupid, careless , brainless..because I am not.

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