Credit cards are wonderful tools that allow you transact without carrying wads of cash. I’m not really a big fan of the “rule” to pay in cash whenever possible. Unless it’s cheaper to pay in cash, I use a credit card — but not any credit card (well, I only have one, anyway). The credit card we chose allows us to accumulate free miles, enough to get me and my wife free tickets within the Philippines, Hongkong and Thailand. In other words, I gain from using a credit card. continue reading…