Buying on The Internet - Pay Pal

Pay Pal.... Well, you probably have heard of it, you may even use it, but why am I talking about it?  Good question.  For the longest time I was Anti-Pay Pal because I misunderstood it and heard too many horror stories about people hacking into your account and so forth.

Well.... I have a different view now... Now that I understand it better.  First of all, ignor all Pay Pal Emails and you will do just fine.  Secondly, by using Pay Pal, you only have to log in your account info with them and then, with most venders, you never have to give out your information again because Pay Pal will send them the money for you. 

How it works is that it is linked directly to your bank account, should you need additional funds when purchasing something - there is no charge to you to do this.  Secondly, if you are a seller, you will find that most of your consumers will only buy merchandise from you this way because they do not like entering their account information online.  For sellers there is a small fee... I believe but you will get more buisness this way. 

Now, not all distributers are on the Pay-Pal path... yet.  So how I personally dealt with this was, instead of giving out my Bank Account Number, I subscribed to get an Amazon Credit Card.  There are several reasons for this, none of which is to go into debt.  The Amazon Card is a Visa card, and so it works with anyone who accepts Visa, whether on the internet or at the store.  Secondly, the limit is relatively low, so I can't overdue my spending and if the number is stolen for some reason, I can cancel the card and report the problem and if ANY money loss is a result, it is relatively low.  Of course this is just a personal choice I made.  The best part is that I earn money back with every purchase I make.  So for me it works out well, especially when I have a financial emergancy.

Word of Caution....
Use Credit Cards at your own risk.  If you are an out of control spender.... Like I tend to be, you could get yourself in hot water by overduing the Credit Card thing.  So if you are unable to control your spending, you may want to think twice before getting a Credit Card.  The one thing I do like about it is that by using a credit card like this - responsibly - it is great for my Credit Score.