[Serious] Economy Class Economy

[ignoramus]

Boru, in our day, debt was a four letter word.
Now, they buy a hot dog on afterpay.

[BrianSoddingBoru4]

Ditto. I was raised to 'pay cash or do without'.

Boru

[onlinebiker]

Ditto. I was raised to 'pay cash or do without'.

Boru

Good plan.

I have - by choice - never owned a credit card.


House - property - 9 road-worthy cars - all paid for.


Credit is a schmuck's game.

[Fake Messiah]

I have - by choice - never owned a credit card.

What you never buy anything online? Or do you use debt card instead?

[onlinebiker]

I have - by choice - never owned a credit card.

What you never buy anything online? Or do you use debt card instead?

I know people with credit cards. I toss them a buck or two to use theirs.

But mainly - I buy local and support the brick and mortar economy - real people - neighbors - rather than mega online corporations....

[BrianSoddingBoru4]

Ditto. I was raised to 'pay cash or do without'.

Boru

Good plan.

I have - by choice - never owned a credit card.


House - property - 9 road-worthy cars - all paid for.


Credit is a schmuck's game.

Nowt wrong with credit cards if you use them properly.  We keep a couple, simply for online shopping or booking travel - it makes things like that a helluva lot easier and if you pay your balance quickly, the interest is minimal or non-existent.

Boru

[onlinebiker]

Good plan.

I have - by choice - never owned a credit card.


House - property - 9 road-worthy cars - all paid for.


Credit is a schmuck's game.

Nowt wrong with credit cards if you use them properly.  We keep a couple, simply for online shopping or booking travel - it makes things like that a helluva lot easier and if you pay your balance quickly, the interest is minimal or non-existent.

Boru

Being OK with credit cards is like being OK with payday loan companies.

You are saying it's OK for predators to take finacial advantage of people who haven't learned how to handle money.....

[BrianSoddingBoru4]

Nowt wrong with credit cards if you use them properly.  We keep a couple, simply for online shopping or booking travel - it makes things like that a helluva lot easier and if you pay your balance quickly, the interest is minimal or non-existent.

Boru

Being OK with credit cards is like being OK with payday loan companies.

You are saying it's OK for predators to take finacial advantage of people who haven't learned how to handle money.....

No one who isn’t savvy enough to use credit cards should have them. I was saying how my wife and I use them. It’s a right royal pain in the arse to try and book a hotel stay or a flight without a credit card. We’re fortunate to be in a position that allows us to use the card and pay the bill in full before the end of the billing cycle. It’s a lot safer than a debit card and a lot more convenient than carrying around great walloping wads of cash.

But I agree with you that people who most need credit are the people most likely to be taken advantage of.

Boru

[Cecelia]

My husband isn't getting paid right now. I think we'll be okay for a little while on my salary alone, as long as it doesn't last too long. Our schools are shut down until mid-april now, but at least I'll still be getting paid. He'll at least have a job when all this blows over, but who knows how well they'll do once everything gets back to normal.

[Mr Greene]

I used to be cash only, though since kids came along I've found I have to resort to the debit card more often as I simply don't have opportunity to get to the cash machine every time.
The real problem is when places insist I sign up for Direct Debit, that has caused me to wind up with overdrafts on occasion.
I did have a credit card back in Uni, just-in-case. Never used it.