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Tag Archives: elderly and credit

Even Granny Has a Credit Card

I was in line at the grocery store the other day. As usual, I was running behind schedule and tried to pick the shortest line with the most efficient looking cashier. The line I chose had a great cashier, but it all ground to a halt when the most dreaded sight to a rushed shopper appeared. Someone pulled out a checkbook. My first thought when that happens is why don’t you get a credit card? Even Granny has a credit card, right? Who Doesn’t Have a Credit Card? Honestly, who on earth doesn’t have a credit card? The only demographic I can think of really are elderly people. While it may seem like they are behind the times, maybe they are the smart ones when it comes to paying off debt. I honestly love to have older people come into my optometry practice. They generally pick out what they know works for them and write a check for the full balance, while I often see younger people having to jostle around different credit cards to find a combination that isn’t maxed out to pay off their bills. I found this article on Time’s website about how many young adults will ...

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