When to put that credit card away

15 Times When You Shouldn't Use Your Credit Card via Yahoo! Finance and CreditCards.com

There are plenty of reasons to use a credit card — convenience, accountability and safety among them — but when is it better just to step away from the swiper?

There are many out there who would say that there's never a good time to use a credit card, and that cash, debit or anything else would be a better choice. While forgoing credit for good may or may not be realistic, there are some times when it is best to just leave the card in your wallet or purse. Here are some times when you should never use your card:

How long will it take to recover your savings?

One way or another, we have all watched our savings dwindle over the last couple of years. Kiplinger has created a calculator which can allow you to estimate how long it will take to recoup your lost savings.

If you lost $30,000 of your $100,000 nest egg, but you expect to be able to save $5,000 a year and think you can earn 8% on your investments, our calculator shows it will take three years to get back to where you were in 2007.

Follow this link to read more: http://www.kiplinger.com/features/archives/2009/05/recoup-your-savings.html