Got in over my head with spending

Gerald · 06-29-10, 09:17 PM

Quote:

Originally Posted by ivank

She was in from Sweden for my last Birthday and told me she could not do this again for a while cause it cost her a ton, so I need to travel there, which now is not happening.

Yes, this card stuff sucks

She come over ,obviously and your time is clear....

ivank · 06-29-10, 09:27 PM

Quote:

Originally Posted by Vendor

She come over ,obviously and your time is clear....

Sh*t she comes back here, my calender is SOOO clear, screw everything and everyone else!

Gerald · 06-29-10, 09:40 PM

Quote:

Originally Posted by ivank

Sh*t she comes back here, my calender is SOOO clear, screw everything and everyone else!

so you can take a shot and visit your GF or take

ivank · 06-29-10, 09:42 PM

Quote:

Originally Posted by Vendor

so you can take a shot and visit your GF or take

No time outs we have been through that before, so it is time to ask for more hour at GS and save!

ivank · 06-29-10, 09:43 PM

I just want to thank everyone here, you all have been helpfully and what not. The advice was great. I will tell you how it goes.

OH a raider book on Amazon! lol Just kidding

tater · 06-29-10, 09:47 PM

BTW, I should add that even while you spent more than you would have liked, you did NOT spend more than you HAD.

That is a CRITICAL distinction, and a reason to think when it comes to real credit cards. To build credit you need to use them, but it is oh so easy to end up in a hole that is hard to climb out of without discipline. Always use real credit with great care.

ivank · 06-29-10, 09:49 PM

Quote:

Originally Posted by tater

BTW, I should add that even while you spent more than you would have liked, you did NOT spend more than you HAD.

That is a CRITICAL distinction, and a reason to think when it comes to real credit cards. To build credit you need to use them, but it is oh so easy to end up in a hole that is hard to climb out of without discipline. Always use real credit with great care.

Yea, my dad said it is not a good idea to get a credit card, and well he was right

tater · 06-29-10, 09:53 PM

A house-mate in college inherited a bunch of money (a bunch for a student, not a lot in the real world). He spent it very poorly, and at some point had added overdraft protection to his bank account for some nominal monthly fee.

The trouble is that the availability was for a nominal fee, but if he actually used it, each payee cost him what was in effect a bounced check fee.

He got over his head, and it was BRUTAL. Goes $5 over, costs him ~$20. Now he's $25 in the hole, but he had a check out for some bill, that would-have bounced, got paid, he's now a couple hundred under. At some point (his overdraft was some low amount) he started bouncing checks, many times the fees being larger than the actual checks. Yikes.

I always try to pay as I go, even now. We keep zero CC balance. We have used credit to remodel, but literally we pay it back 100% within a year or we don't do it (usually pay cash, even then and use credit as a bridge only).

FIREWALL · 06-29-10, 10:49 PM

I don't know about the rest of you. But when I was ivanks age and had saved a tidy $23,500.00 I almost became a miser and wouldn't spend money on hardly anything.

Finally found what I wanted most and was able to buy it.

Once that pile of loot starts to grow it does strange things to you. well at least to me and I didn't to part with it very easily.

Gerald · 06-29-10, 10:02 PM

Quote:

Originally Posted by ivank

No time outs we have been through that before, so it is time to ask for more hour at GS and save!

Good luck!

06-29-10, 09:43 PM	#5
ivank The Old Man Join Date: Apr 2008 Location: Huntington, Long Island, New York Posts: 1,426 Downloads: 284 Uploads: 0	I just want to thank everyone here, you all have been helpfully and what not. The advice was great. I will tell you how it goes. OH a raider book on Amazon! lol Just kidding __________________ Head of The Surface Warfare Super-Mod Team Leutnant z. S. David U. Ziegler U-105 IXB On Patrol 1

06-29-10, 10:49 PM	#9
FIREWALL Eternal Patrol Join Date: Mar 2006 Location: CATALINA IS. SO . CAL USA Posts: 10,108 Downloads: 511 Uploads: 0	I don't know about the rest of you. But when I was ivanks age and had saved a tidy $23,500.00 I almost became a miser and wouldn't spend money on hardly anything. Finally found what I wanted most and was able to buy it. Once that pile of loot starts to grow it does strange things to you. well at least to me and I didn't to part with it very easily. __________________ RIP FIREWALL I Play GWX. Silent Hunter Who ???

06-29-10, 09:47 PM	#6
tater Navy Seal Join Date: Mar 2007 Location: New Mexico, USA Posts: 9,023 Downloads: 8 Uploads: 2	BTW, I should add that even while you spent more than you would have liked, you did NOT spend more than you HAD. That is a CRITICAL distinction, and a reason to think when it comes to real credit cards. To build credit you need to use them, but it is oh so easy to end up in a hole that is hard to climb out of without discipline. Always use real credit with great care.

06-29-10, 09:53 PM	#8
tater Navy Seal Join Date: Mar 2007 Location: New Mexico, USA Posts: 9,023 Downloads: 8 Uploads: 2	A house-mate in college inherited a bunch of money (a bunch for a student, not a lot in the real world). He spent it very poorly, and at some point had added overdraft protection to his bank account for some nominal monthly fee. The trouble is that the availability was for a nominal fee, but if he actually used it, each payee cost him what was in effect a bounced check fee. He got over his head, and it was BRUTAL. Goes $5 over, costs him ~$20. Now he's $25 in the hole, but he had a check out for some bill, that would-have bounced, got paid, he's now a couple hundred under. At some point (his overdraft was some low amount) he started bouncing checks, many times the fees being larger than the actual checks. Yikes. I always try to pay as I go, even now. We keep zero CC balance. We have used credit to remodel, but literally we pay it back 100% within a year or we don't do it (usually pay cash, even then and use credit as a bridge only).