Saturday, October 24, 2009
how the budget affects me
i actually have 7 credit cards. not that i need a lot of credit or that i collect them as a hobby. some times i get cornered at the mall & the guy gives me a sob story like he's been on his feet for hours & still hasn't got anyone to sign up his bank's credit card - free for 1st year, he will emphasise. some times i relent. some times it's because an umbrella or a shoe bag is thrown into the deal.
anyway, i only use one card, mainly to get petrol rebate. one more, i keep in case the 1st one got rejected.
as the govt will levy a RM50 charge per card annually from 2010, it makes sense to cancel the other 5. i'm ok with that. i just feel sorry for those guys & girls at the malls trying to get people to sign up.
they will be on their feet a lot longer from now on.