Earlier this week, I went to run an errand during lunchtime and stopped at a small neighborhood gas station. I swiped my credit card, entered my ZIP code and waited. Eventually, I was told there was a network error. I wasn’t the only one. All of the customers had to go up to a kiosk and deal with a cashier and a malfunctioning network. The line was growing and people were getting irritable or leaving.
I’ve always wondered what would happen if a real crisis caused all network connections to go down or electricity to fail, which would prevent credit card processing from working. I love paying for gas with my credit or debit cards so that I don’t have to try to predict how much I need to spend ahead of time. But maybe I should consider carrying enough cash for a tank of gas.
For plenty of great personal finance tips and advice, read on for my list of my 10 favorite blog posts from the past week.
This week’s roundup of the best credit card-related posts from the blogosphere focus on the opportunity the renewing season of spring presents. It’s time to start fresh, create new goals and reform those spending habits.