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Comments about ‘Coin: Your wallet is about to get a lot lighter’

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Published: Friday, Nov. 22 2013 8:33 a.m. MST

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Kralon
HUNTINGTON BEACH, CA

Instead of replacing eight pieces of plastic with one how about replacing all pieces of plastic with just one phone?

rw123
Sandy, UT

Great! Another way to more conveniently and efficiently build up debt. Some observations regarding credit.

1. Interest never rests. It's with you from the point of purchase till you pay it off. The price often ranges from high to usurious. It's all too easy to get a loan . . . or 12.

2. Spending more than you earn is a type of consumer speculation. How can we expect the government to avoid debt if we, the constituents, don't. Debt seems to be a way of life nowadays.

3. We should strive to live within our means and have a little put away for emergencies. An old saying is "Use it up, wear it out, make it due, or do without." We could learn a thing or two from elderly people who lived through the Great Depression.

4. There is a certain satisfaction and security that belongs only to those who pay as they go.

Although I'm not nearly perfect at practicing these principles, my life has run smoother and I have felt more true material security the closer I live them. Just some thoughts.

Shamal
Happy Valley, UT

This is a great thing for those who frequently travel for work and rely on company and rewards cards for all expenses.

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