skyyhi 0 #51 February 14, 2004 I have about $5,000 charged but nothing skydiving related. I pay cash for skydiving stuff. . .that way I don't have to cringe later when I get the bills. . .Yeah, I had to wait a little longer to start my AFF, but not having additional debt is well worth it. Skymama's advice is WONDERFUL. . .take it and use it. I didn't when I was younger and am suffering now. Not forever, mind you, but its no fun having to "fix it later". Be responsible now and later you can enjoy what you have built. . .________________________________________ Take risks not to escape life… but to prevent life from escaping. ~ A bumper sticker at the DZ FGF #6 Darcy Quote Share this post Link to post Share on other sites
AggieDave 6 #52 February 14, 2004 I've got about $2500 in CC debt right now. I wouldn't but see, I just bought a new canopy and such and I'm still paying off other skydiving expenses on it. The only thing I use those two CCs for is for skydiving related items. I don't use it to buy gas, dinner or anything like that.--"When I die, may I be surrounded by scattered chrome and burning gasoline." Quote Share this post Link to post Share on other sites
PhillyKev 0 #53 February 14, 2004 See, I'm the opposite. I never use a CC for big purchases...I save up cash for that. I may use the CC, but I have cash on hand to pay it off right away. What I do use it for is every day stuff like dinner and gas, that way I get the rewards, but again, I make sure it's with cash I have on hand. The nice thing about MS Money is, you check off a little box that says "pay off full amount each month" for your CC account. Then use it for purchases. Then when I open Money, it automatically downloads and charges I made, automatically deducts that amount from my available cash. I take a look at my cash flow forecast, and see how much money I have available to spend. I can't say enough about how helpful that software is in keeping you debt free. Quote Share this post Link to post Share on other sites
jessd 0 #54 February 14, 2004 My credit card bills ~$3500, consolidations loans~$4000, student loans ~$38000. YIKES. I don't think I'll ever get all that paid back. At least I went on the 20 year payment plan for the student loans. "Life is not measured by the number of breaths we take, but by the moments that take our breath away..." Quote Share this post Link to post Share on other sites
souleh 0 #55 February 14, 2004 My mastercard is currently sitting at £340 ($650 ish), with my overdraft on £1,200 ($2,300 ish).. I'm not even gonna mention the others 'buttplugs? where?' - geno Quote Share this post Link to post Share on other sites
Viking 0 #56 February 14, 2004 QuoteArthur, take Phree's advice and get a credit card with a low limit, Quote Listen to Phree and Skymama. OK OK!!! jesus i'll get a damn credit card just stop nagging!! thanx for the advice guys but i plan on winning the loto by the time i'm 30 so.I swear you must have footprints on the back of your helmet - chicagoskydiver My God has a bigger dick than your god -George Carlin Quote Share this post Link to post Share on other sites
kallend 1,646 #57 February 14, 2004 I have several CC accounts: stores often give you a big discount if you sign up for their card, so I do. Then when the card comes I cut it up and toss it. And I have one that I use to buy gas etc. but I pay it off every month.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
sdgregory 0 #58 February 14, 2004 You go win that lottery and don't forget those of us who tried to help. Not asking for much, just enough money to get 500 jumps by the end of the summer. Quote Share this post Link to post Share on other sites
Viking 0 #59 February 14, 2004 lol thanx for the encouragementI swear you must have footprints on the back of your helmet - chicagoskydiver My God has a bigger dick than your god -George Carlin Quote Share this post Link to post Share on other sites
MuffDiver 0 #60 February 14, 2004 ------------ OK OK!!! jesus i'll get a damn credit card just stop nagging!! thanx for the advice guys but i plan on winning the loto by the time i'm 30 so. ------------ There is a better way to establish good credit without ever using a credit card or really even going in to debt, especially if you bank at two different institutions(however you can make this method work with just one bank). Go into Bank #1 and get a line of credit(try for $2000-$5000). Go to another bank and get a second line of credit. Now all you do is spend a few months or a year juggling the money from one bank to the other, pay up on time(or early) every time. After a year you may have borrowed $5000 on several different occasions and you always paid it back on time(or early). In that one year you can have a better credit history than people that have borrowed for the past 5-10 years because you have actually borrowed more often. Just don't get tempted to spend all the dough on jumps. When it comes time to buy a house or anything else where you need big cash you will thank yourself for what seemed like a dumb idea of moving cash back and forth. In fact you could have two banks really fighting for your business since you are such a good customer. __________________________________________________ Don't take life too seriously. You'll never get out alive. Quote Share this post Link to post Share on other sites
PhillyKev 0 #61 February 14, 2004 Yeah, but that way you're guaranteed to pay interest. If you get a CC with no annual fee, use if for a few small purchases each month, and pay it off every month on time, it doesn't cost you a dime. Plus you can earn rewards. Quote Share this post Link to post Share on other sites
skymama 35 #62 February 14, 2004 QuoteI have several CC accounts: stores often give you a big discount if you sign up for their card, so I do. Then when the card comes I cut it up and toss it. Make sure you call the companies and cancel the cards also. When I was getting my credit checked for my house, I found out that they also look at the amount of available credit you have, even if you don't use the cards or haven't for years.She is Da Man, and you better not mess with Da Man, because she will lay some keepdown on you faster than, well, really fast. ~Billvon Quote Share this post Link to post Share on other sites
DeNReN 0 #63 February 15, 2004 CC debt is under 2k....I wont talk about the others As a side story.....the owner of my shop/store...pays all the company's monthly bills on his credit card and has the company pay him back......Why you may ask?...AIR MILES!!!!!!....dude makes more trips a year then you could shake a stick at.....all free Quote Share this post Link to post Share on other sites
freeflir29 0 #64 February 15, 2004 Mine is usually somewhere between $500 and $1500 per month. But that's work related.....my personal card has a $0 balance. I'm a cash money type of guy. Quote Share this post Link to post Share on other sites
souleh 0 #65 February 15, 2004 That reminds me, if you live in the UK you can get a free trial credit check online: http://www.creditexpert.co.uk/ (No, it's nothing to do with me, I've just signed up and used it.. you get a 30 day free trial, then you cancel it with no charge. Very useful!) 'buttplugs? where?' - geno Quote Share this post Link to post Share on other sites
juanesky 0 #66 February 15, 2004 Down to $500 since yesterday....life is good"According to some of the conservatives here, it sounds like it's fine to beat your wide - as long as she had it coming." -Billvon Quote Share this post Link to post Share on other sites
