Will That Be Cash or Charge?
By Elton Camp
Credit cards would be hard to do without
At certain times, we must pull them out
As when a hotel room we need to reserve
“You have no credit card? Why the nerve.”
If we lack a credit card, we won’t get far
When it comes time to pay for a rental car
“I am sorry, but cash we now refuse to take.
Even to think that is a big financial mistake.”
Use a credit card and learn the item’s no good?
Gives power to make the seller do as he should
To carry big wads of cash also isn’t very wise
It can make us targets in some robber’s eyes
When cash is stolen, it is simply forever gone
A credit card can be cancelled over the phone
Who can know when an emergency may arise
If it does, a credit card out of such trouble buys
Yet, plastic can devastate our financial health
It can give us the illusion of unlimited wealth
We could forget that what we charge today
At some later date, we will be required to pay
Another thing we will certainly come to hate
The very large extra charge if payment is late
Finance charges can exceed twenty percent
Then we wonder just where our money went
Total owed can become an alarming amount
Paying just the minimum will hardly count
If so, what we unwisely have charged today
Will still be paying when we’re old and gray