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Tom’s thoughts about credit…

 

I believe that using Credit Cards causes people to not really treat an expense as seriously as if they were spending cash,

which also might affect how a guest might treat taking care of the check-in, check-out, and cleaning checklists.

 

 

Dave Ramsey reports that if you use plastic instead of cash you

will spend 12–18% more than if you spent cash.

 

Click here to see the 60 Minutes show about Dave.

Listening to Dave Ramsey talk about credit and debt can be a life changing experience.

 

 

Spending with a credit card is much less of a personal commitment than spending cash (or a money order).

 

Using credit is a promise to honor a commitment _sometime_ in the future.

 

Using cash or a money order is honoring a commitment now.

 

 

 

Money orders may be purchased at any US post office using your debit card or with cash.  

 

Postal money orders are guaranteed if lost, inexpensive to purchase, and always have been honored by the bank or post office.

 

 

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