Topic: Credit card usage in these tough times......

[jacktheripper305]

interesting. makes sense.

*JtR checks all doors for rattle*

Just as a side note, my credit cards are no longer in my wallet, after bringing the bill up to about $2000 i pulled them out, and resolved to pay them off and not use them. Now if I can't pay cash/debit for it, I don't buy it.

[hmed2390]

^ that's a great motto JTR. Definitely saves the heartache of having to deal with debt.

^^ that's interesting and it makes sense. If the door is too firmly shut, a credit card let alone a debit card should be able to fit through. 

[jacktheripper305]

Thanks, although I don't buy as much stuff now, I don't have to worry about debt. Also, it forces me to be patient when I want something, and shop around for the best deal on it, which saves me money. It also helps with the budgeting and generally helps me be more responsible. I encourage everyone to use credit cards minimally. 

[frankcapri]

I encourage everyone to use credit cards minimally. 

I don't even own a credit card 

[jacktheripper305]

You should have at least one, so you can build credit. You need a credit history to buy cars, or homes, and some employers even check credit history as a screening process. So its good to have a credit profile, but only if its a good one.

On another note,
Maybe this thread should be split?

[frankcapri]

You should have at least one, so you can build credit. You need a credit history to buy cars, or homes, and some employers even check credit history as a screening process. So its good to have a credit profile, but only if its a good one.

I already bought a house and a car.  My credit history from my student loans was enough 

[subvinorosa]

Yup, can't get cards in really tight doors.  I know because I tried.

Like when I accidentally locked myself IN my apartment bedroom the week after I locked myself IN the house.

[jacktheripper305]

I already bought a house and a car.  My credit history from my student loans was enough 

ah so you have credit, just not a credit card... got it!

Yup, can't get cards in really tight doors.  I know because I tried.

Like when I accidentally locked myself IN my apartment bedroom the week after I locked myself IN the house.

sounds like you should be more careful 

[frankcapri]

ah so you have credit, just not a credit card... got it!

Yeah, I kinda skipped the "accrue a little bit of debt" part of life for the "put me into a lot of debt" part   

Like when I accidentally locked myself IN my apartment bedroom the week after I locked myself IN the house.

What kind of screwed up lock system did you have in that apartment? 

[hmed2390]

What kind of screwed up lock system did you have in that apartment? 

sends shivers down my tiny banana spine.

[jacktheripper305]

sounds like the doors were put on backwards. Or Sub is just backwards 

[hmed2390]

or she was confusing the windows with the doors, in that case they were tinted. 

[dweez]

Reminds me of the joke..."Did you hear about the stupid guy that locked his keys in his car?  It took him 3 hours to get his family out."

[smokester]

Reminds me of the joke..."Did you hear about the stupid guy that locked his keys in his car?  It took him 3 hours to get his family out."

"Stupid"?  A stroke of genius if you ask me.

[dweez]

Ah, very true.

I have a few credit cards.  Only have a balance on one and I more often then not forget I have them with me.  For a while there (several years ago) I was almost living hand to mouth and the CC saved me.  Lucky for me, at the time, it had a very low credit limit ($800) so even maxed out, it's not that painful.  Now, I basically use it for larger purchases over the web and such so that I have some insurance protection against fraud.