Credit Cards

JOEJOEJOE

I use mine for almost everything so that I can easily track expenses and earn miles ( I have flown to the UK several times with miles). Luckily, I am able to pay it off each month.

Also, if there is ever a problem with a purchase, I have more recourse since I can dispute the charge.

failedpersephone

Credit Cards are nec. if you want to make larger purchases...you need to have a show of credit to your name. If you can, you should try to live off of cash as long as possible...mostly because Credit Cards have small devices in them to mind control and keep track of the number of visits to Starbucks that you take each month.

Danimal

I love my credit card! I pay that fucker off every month to a zero balance.

decides2dream

credit cards are a fantastic resource and tool IF used properly, and NOT abused. if one is disciplined, instead of paying out cash for purchases, you charge it on your card, keep your money in the bank, and at the end of the month pay your bill in full. your money earns interest for you all month in your account instead of being outlayed with each purchase and you basically get an interest-free loan from the credit card.


credit cards are also excellent for building up credit. a very useful thing if you plan on buying a home, taking out a car loan or any sort of personal loan. they also are great for the different 'perks' they may offer. right now, we have enough airmiles on our visa for 2 roundtrip tickets with any airline, at any time, within the continental US. there are all sorts of rewards programs, can shop around and find one for you.


also, credit cards are great in an emergency. sometimes life throws you a loop, you must pay for something right NOW, but don't have the cash, access to the bank being open, whatever.......this is also how some get in trouble, get used to using credit to buy things they can't afford....but again, if one is wise/dilegent.....credit cards can be EXCELLENT and work FOR you.

firstquartermoon

I use mine for larger purchases, because I find it easier to force myself to put money on it, rather than trying to save the cash. Maybe stupid, but it's how I roll.

tonadax

I think the big reason of me for using a credit card it's because 2 o 3 before i get my check i'm totally broke, lol...... i must to organize my prioritize once again......

audiodave

I'll probably get one once i'm earning just to build up my credit rating. I've never been one for buying things I can't afford. The only time i've ever done that is where PJ is concerned. I hope they don't announce a tour the day after I get a credit card.

Trailer

tonadax wrote:

It's Credit Card really necesary? 9 of 10 people always tell me sad stories about their credit cards debts...... i'll always try to pay my payments Cash, of course i don't have issues like having babies, married thing, etx.........

Yes... credit cards are my favorite!

Get_Right

you should have one mastercard or visa for emergency purposes and for when you want that rental car to get you to the show!

urbanhippie

I had two credit cards, that I could easily afford to pay the balance off every month. Then my ex-husband got ill and I couldn't afford to pay it anymore.
It soon spiralled with the interest every month. It took two years of fucking hard work to pay it off, but I did it. Every bloody penny of it.

I will never get another credit card as long as I live... It's just too easy.

Somnium

Amex for EVERYTHING.

Rewards points =

GreenTeaDisease

somnium wrote:

Amex for EVERYTHING.

Rewards points =

I've had an AMEX since college and NO ONE accepts it. Every store complains that the merchant fees are too high.

Somnium

GreenTeaDisease wrote:

I've had an AMEX since college and NO ONE accepts it. Every store complains that the merchant fees are too high.

Smaller places, right?

Pearls&Stones

I couldn't imagine not having it for emergencies. Plumbing issues, needing new tires, etc.

Yeah, mine has a somewhat high balance on it, but it beats having a foot of water in my basement from the plumbing being backed up. And it beats having no furnace.


I also have a Sears card, which I use for "no interest" larger purchases. I bought my HDTV when they offered no interest, no payments for a year----This is where people get into trouble. I am paying $100+ a month and will have it paid off way before the year, but some people see that and think "SWEET its free for a year." Then they pay 27% interest.

JenInTheBx

I use mine for everything- pure convenience. I put my gas, groceries, random shopping, car insurance, everything on there, and then I pay it off in full every month. I've found it to be helpful with controlling my spending- when you see everything listed with a total at the bottom, it's enough of a reason to think twice before spending.

Indian Summer

i have two credit cards.

Card A - I put everything on. Automatic Deductions for my Mortgage, Electric Bill, Cell Phone Bill, Cable/internet, Student Loan, Gas, Groceries, entertainment....whatever. This gets paid off each month in full...makes it really easy when paying bills...one payment on line that I schedule when I want. This way I get cash back from the CC, as well as a nice easy statement outlining what I spend each month.....cake way to do a budget. Also, my checking account is never at risk. With fraud protection on the card I can always dispute anything out of the norm. I feel really in control of my money doing it this way, but its not for everyone. Been doing this for about 2 years now.

Card B - Used only for emergencies. I've had it since 1998, and the only time I've used it was for some spur of the moment car repair that totaled in the the thousands.


Credit cards are a great thing when used wisely.

xavier mcdaniel

i have one and it's used for vacations because it's not like i can insert a couple of hundreds through the computer and pay for plane tickets and hotels that way. I also use it for tickets i order online. that's about it, i'd never use it for a 10-dollar order of food or anything like that.

Heineken Helen

tonadax wrote:

It's Credit Card really necesary? 9 of 10 people always tell me sad stories about their credit cards debts...... i'll always try to pay my payments Cash, of course i don't have issues like having babies, married thing, etx.........

They shouldn't be necessary but they are if ya wanna have half a life. Try booking a flight, hotel, ANYTHING without a credit card :mad: ya CAN'T. I don't have one... I use my debit card for some things, and for others there are prepaid vouchers ya can get (kinda like a debit credit card ) but I think it's disgusting the way it's going... since when did 'cash' become a dirty word?

Heineken Helen

JOEJOEJOE wrote:

I use mine for almost everything so that I can easily track expenses

TRACK being the operative word. Credit cards bring me straight into conspiracy theory mode :eek: I don't like them at all... they're evil evil evil... and like everything else, everyone thinks they're great and they'll get lots of them and think how handy they are... next thing they're being arrested for assassinating the president :eek:

Ok I know I did a HUGE jump there... but some people may possibly know what I mean

Heineken Helen

failedpersephone wrote:

Credit Cards are nec. if you want to make larger purchases...you need to have a show of credit to your name. If you can, you should try to live off of cash as long as possible...mostly because Credit Cards have small devices in them to mind control and keep track of the number of visits to Starbucks that you take each month.

I like you.

Isn't it crazy that you need to show you're in debt in order to prove you're a responsible, normal adult