Credit Cards Debt Will Cause The Next Collapse
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I watched a documentary about CC once and they said CC companies call people who pay their balance off in full every month “deadbeats.”
After that I was determined to never miss a payment just to stick it to them
If you carry a balance on your credit card you are a financial idiot, the public school system has failed you. Me? I buy clean low-mileage cars in cash, carry no balance on credit cards, and use other people's money (mortgage) for profit. I am a "retired" millionaire who lives below my means out of habit and understands inflation.
I remember back when I was a kid my mom was just responsible for me. My clothes, shoes, and school supplies. Nowadays, the schools are expecting the parents to pay everything that they should be taking care of. It's ridiculous.
Paid mine off I’m not living like our government
Im literally was on my last credit card. February, I was $10,000 in the hole all 5 cards maxed out. I realized i .make way too much money to be living like this. Im so happy, I pulled my head out of my ass.
Borrowing in any way can lead to more money being owed.
You are boring.
People don’t realize that If you carry a balance on a credit card the interest you pay obviously is for the entire purchase but it also includes the sales tax. So essentially you are paying interest on a tax !!! That’s insane.
The government has a credit card with no credit limit
Let’s just step out of the debt world and enter a free world. Leave that old heavy world for the “They’s” to figure out. They made it and they can have it.
I only have one Credit Card balance is under $700:00 always pay more than minimum due every month. Will be debt Free in A few months ????????????????????????
Well, if the government (tax payers) have to pay off student loans for people that got useless degrees and can't pay those loans back, then why not pay off the credit cards for people that didn’t go to college? At least if the government is going to waste money, at least make it somewhat even…….
Thanks for sharing ????
Anybody know where I can get a credit card with a Trillion dollar limit – asking for a friend.