Sunday night

iVillage Member
Registered: 09-22-1999
Sunday night
Sun, 06-18-2006 - 11:46pm

Well, I thought the board would get a little kick out of this............

My dear elderly Uncle has never had a credit card nor has he ever had a debit card.....and until just recently, he never had a checking account................

This evening he was asking me how credit cards and debit cards worked, and I tried to explain it to him, but he can't understand anything beyond a basic savings account. All he understands is basic cash.

Well, I thought it was kind of funny explaining credit cards to dear Uncle......At the end of the explanation I told him he was better off without a credit card and that he didn't really need one. I think he is thinking of going on a trip (which he has been talking about for years, but I doubt he will ever go, he just likes to talk) and I think he found out he needs a credit card for hotels, cars, etc........but I don't think he will ever go.

He couldn't understand the difference between a credit card and a debit card as much as I tried to explain it.....

Well, that sure was an interesting conversation.............

Littlesbigs, Financial expert, NOT!!!!