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The credit card has changed the shape of shopping in today’s world. Unfortunately, if you cancel your American Express credit card like I did, it means you cannot have access to certain services you may have taken for granted. I found I couldn’t join my local gym, order clothes over the internet or even reserve a plane ticket to New York, online, the basic stuff of life. Not that many years ago, people preferred cash to credit, but not now.

It’s now normal almost everywhere in the world to use your Mastercard, Visa or American Express to pay for goods or services you may not even need with money they do not have. However, there is a price to pay when you use your American Express credit card and the buy now, pay tomorrow attitude. In many places around the world, credit card debts are increasing at a worrying rate. One of the largest problems facing America today is that of credit card debt.

This is the primary reason I decided to cancel my American Express credit card recently. Once I had the power to buy things without parting with my money immediately, I was almost unstoppable. Charging everything to my card was stupid because before too long the debts just spiraled out of control. I stated to panic because the debt became so great it was impossible to pay it.

To get my debt back into a position where I could pay for it I resorted to using a debt refinancing company. It was an awful situation I found myself in. Today, I am American Express credit card and debt free. Don’t think I am making excuses when I blame my credit card because you are not taking into account basic human psychology.

When you have to pay for everything with cash, you are so much more conscious of how much it costs. Credit cards make it too easy, especially because you rarely look at the cost. I could spend money like water, and before I knew it, it was all gone. So now there is no American Express credit card problem for me to worry about.

Tags: , america today, american express, american express credit card, attitude, clothes, credit card debt, credit card debts, credit card problem, credit cards, human psychology, local gym, mastercard visa, money, plane ticket, refinancing, shape, shopping