Nah, what you're doing is fine and it makes you happy. I mean, I rarely use cash, but I use debit cards almost exclusively. Credit cards are too much work. Like you said, it's too easy to lose track. If I swipe my debit card (or if you use cash) to buy that gallon of milk, the transaction is over. Never have to think about it again. If I use a credit card, then I have to remember for a couple of days that I bought milk so I can go to my bank's website and transfer money from checking to the credit card to pay off the two bucks. All to get 1% cash back? That's a lot of work for two cents. Auto pay? I don't trust it. I'd still end up logging into my account every day to make sure it auto-paid. And I can't use a credit card on big-ticket items like the mortgage, so the 1% is always a negligible amount.mrmass wrote: ↑Fri Aug 24, 2018 6:44 amI'm in my mid 50s. I work make a decent living. Same with DW. Every 7-10 days or so I grab $3-$400 from the atm. That's how I spend money. I have credit cards and only use them if for travel or if I'm in a pinch. DW uses her credit card for everyday items.
Perhaps it's a phobia of sorts but I feel that I lose track of spending if I use my cc for daily purchases. We don't have a spending problem as we live below our means but using too much cc (for me) makes me feel financially disorganized.
We don't play the points game and am wondering if I should be embracing points/cash back programs etc. We're both able to pay our full balance off monthly.
Any thoughts? BTW her cc and my cc are in our names only.
That all being said, there is a thing called "churning" in which people sign up for lots of credit cards in some manner to get sign-up bonuses. But that's too much work for me and it sounds like you wouldn't care to do that, either.
So I think you're fine.