I have certainly maxed cards in the past but these days, I don’t know why, they keep raising my limit, I have 6 cards and a $96,000 credit limit between them. Talk about having enough rope to hang yourself.
Forgetting about the super high interest rates. Last card I got for a 0% on a laptop if I paid it off in 12 months was 29%. I think my current lowest is 17% and I have damn near an 800 credit score
I think my current lowest is 17%
I was about to say “damn that’s high,” but then I realized I didn’t know what my lowest was. Turns out it’s 27%.
So yeah. I’m glad I never leave a balance.
Woof. Credit card debt is about the worst type of debt, only to be surpassed by payday loans. If you are finding yourself building either of these types of debt, you need to immediately make necessary life changes as your current lifestyle is not sustainable.
need to immediately make necessary life changes as your current lifestyle is not sustainable.
Oh yea, ill just down size my house. Looks at the housing market nope.
Oh maybe I could just sell it and rent an apartment, maybe even make a little on the sale to pay off this debt looks at rental prices oh that’s not happening either
Ok that’s fine, I’ll just cut eating out and piece meal my way out of this debt…oh I already cut that, oh and grocery prices just went up…
Ah shit while I was writing that up my HVAC system just died andddd there goes another 2-3k towards my debt! Wooo!
Your comment is just as bad and annoying as those “Just stop buying avocado toast! Just budget!” Boomers
Sometimes the “necessary life changes” turn out to be a revolution to overthrow the current system.
I mean, filing for bankruptcy might be less painful than hoping someday you can outrun the interest on these credit cards.
Nearly 70% of Americans are living paycheck to paycheck, same percentage can’t afford a $400 emergency.
I can afford a $400 emergency, I’m just struggling to find an emergency that cheap…
Quite a few trade skills are worth learning the basics of yourself. Fixing a minor plumbing problem can easily be $500 for a simple job, or $30 in parts and an informative video to do it yourself. It has been one of the consequences of telling everyone for decades trade schools are inferior to college. We are short on tradesmen, thus they are very expensive to hire.
This is probably the number 1 life skill I learned from Dad and wish to impart on my children.
I’ve posted this comment a bunch but I heard dominos had plans to finance pizza orders… things must be rough.
What kind of dystopian bull is this???
