I buy everything on credit cards too, for the points. I don't buy more stuff just because I'm not using cash.
I often hear that, about being more likely to spend more, but I wonder how true that is. I've never actually heard somebody tell me they've done that. Sometimes I stock up if it's an item I use on a regular basis, but that just means I spend less on that thing the next month.
I mean for the card that someone uses for monthly expenses, that gets paid off every month.
I do carry credit card debt, like when I bought my last car, I immediately paid it off with a credit card offer to transfer the balance with no fee, and 0% interest for a year.
I've also heard the cautionary tale of moving balances around for various offers, and how that effects your credit score, but I haven't seen proof of that either. I have been transfering balances for about 15 years from one card to another for a 0% for a year here and 0% for 18 months there. I think I've only paid a transfer fee of like $59 once, twice at the most, and am sure I have not paid more than $100 of interest in all those years. Probabaly closer to $50. The oldest credit card I have, since college days, I used for a big transfer a few years back...0% for the life of the balance. I don't carry that card around with me so I won't use it by accident. I have 2 other balances at 0% for the life of the balance, one for me, one for Mr. Tea, as long as I make 2 purchases a month on each of those cards. So, at the beginning of each month, I use my card to make 2 purchases of $2.00 of gas, same with his....I'm paying less that $5 a month total interest on that, and will be the next cards I pay off.
This spending wasn't for running out and buying clothes and vacations. It was for a car and remodeling our house, both of which we had to do.
Write down everything you spend in one month. You will be astounded at what you spend your money on and how much you spend on things you don't need.
When you want to go out for a few drinks - deck yourself up - go to a bar that usually has lots of desperate men. Sit your self down, buy yourself one drink and from there men will ask you if you want a drink.
Then when you are ready to leave excuse yourself to the ladies room and sneak out (otherwise they try to get pay back for the drinks in other ways).
), I decided to check out ebay to see what they had for normal colors.
Wow Chai!!! You just described me
That's kinda scary
Bella Dea wrote:Write down everything you spend in one month. You will be astounded at what you spend your money on and how much you spend on things you don't need.
I think you'd be very surprised on how little I spend monthly by chasing the best deals on everything from food to houses and by cutting coupons, the points thing, gardening, canning, u-picks, etc....
I know, I'm of a rare breed
