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I see that my credit card company offers the ability to "freeze" and "unfreeze" my credit card with the tap of a button on their mobile app. I'm pondering using that as an additional constraint to avoid impulse buys or using it out of laziness. Is this a horrible idea?

The credit card company appears to market the freeze feature as a way to temporarily lock a card in case you think your credit card is stolen but aren't sure.

Thoughts?

Cloudy
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Mike B
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1 Answers1

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It's not a bad idea; it's -- as explained by void_ptr -- a fruitless idea.

The rest of us who had (or have) CC spending problems (except for Ramseyites1) just stick them in "the back of the sock drawer" and use a debit card until such time as they've paid off all CC debt and have ingrained the habit of living below their means. .

I stuck mine in a basket on the shelf above my desk for four years, paying off debt, getting in the habit of living below my means and then deeply ingraining that habit.

1 Followers of Dave Ramsey, who cut them up, cancel the accounts and never use CCs again

RonJohn
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