No facebook account here. Never had one, never will have one. Also pay off CC in... | Hacker News

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		pwg on Sept 9, 2017 \| parent \| context \| favorite \| on: Identity Theft, Credit Reports, and You No facebook account here. Never had one, never will have one. Also pay off CC in full every month, so no interest payments on what are effectively short term loans. Neither is at all psychologically expensive. However paying off CC in full every month does require sufficient income (and/or restraint in spending for those without the sufficient income) to be able to do so.

tertius on Sept 9, 2017 [–]

Spending cash is a lot harder psychologically than spending money with a CC. Dopamine is in effect.

Much easier to keep scrolling and consuming on FB than stopping.

That's the comparison.

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