What Brenda said. Not paying interest is for the best. They will likely up your limit to try and tempt you to charge again.
Marco: Do we look reasonable to you? Mal: Well. Looks can be deceiving. Jayne: Not as deceiving as a low down dirty... deceiver.
'Out Of Gas'
Natter 56: ...we need the writers.
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
Laura - Feb 09, 2008 4:15:06 pm PST #8495 of 10001
Our wings are not tired.
libkitty - Feb 09, 2008 5:12:25 pm PST #8496 of 10001
Embrace the idea that we are the leaders we've been looking for. Grace Lee Boggs
Susan, your caucus sound like ours in Juneau, except ours went from 150 to 1100. Yikes.
Sue - Feb 09, 2008 5:20:00 pm PST #8497 of 10001
hip deep in pie
Okay, I just emptied my savings to pay off a credit card. Someone tell me I did the right thing before I have heart palpitations, because this has been my only cushion in case of emergency for two years.
I've heard a financial advisor say that it's stupid to keep money in a savings account earning miniscule interest when you have credit card debt earning a greater interest. They way they put it, in effect, you're costing yourself money by allowing your debt to grow, when you could be curbing the growth or getitng rid of it entirely.
ETA: Not that I'm practicing what I preach. I could easily use some of the money in my house fund to pay down my CC debt, but I worry about getting the money back into that house fund, so I don't.
Kat - Feb 09, 2008 5:31:25 pm PST #8498 of 10001
"I keep to a strict diet of ill-advised enthusiasm and heartfelt regret." Leigh Bardugo
I'm feeling very very jangly and bad right now. So, I am reading The Happiness Project to feel better. She linked to Bembo's Zoo which is a cool flash site. You click on a letter. It gives you the name of a creature, then the letters rearrange themselves. So. Very. Cool.
And very happymaking.
Kathy A - Feb 09, 2008 5:38:44 pm PST #8499 of 10001
We're very stretchy. - Connie Neil
I had a good day at the bookstore today. I had called in sick to both jobs on Thursday, so when I came in at 9:00 today, I got the feeling that they weren't too thrilled with me (even though I gave them about 8 hours notice). That changed pretty quickly when I starting selling membership cards.
For perspective, most other employees get 4-5 cards on a good 8-hour shift. I average 6-8, with my best ever day(s) the two times I sold 10. Today, I sold 14, a store record!
It's the little things that make me happy. I celebrated by picking up the last Deluxe Scrabble game on the half-off table ($17 for the turntable version).
Jesse - Feb 09, 2008 5:47:25 pm PST #8500 of 10001
Sometimes I trip on how happy we could be.
I've heard a financial advisor say that it's stupid to keep money in a savings account earning miniscule interest when you have credit card debt earning a greater interest.
Yeah, that's an incredibly good point. I should get on that myself.
Pix - Feb 09, 2008 6:33:24 pm PST #8501 of 10001
We're all getting played with, babe. -Weird Barbie
I've heard a financial advisor say that it's stupid to keep money in a savings account earning miniscule interest when you have credit card debt earning a greater interest.Yeah, it's taken me a year to finally come around to that viewpoint, but it was time. My goal is to get the other card paid off in two years. Stupid money.
DavidS - Feb 09, 2008 6:37:24 pm PST #8502 of 10001
"Look, son, if it's good enough for Shirley Bassey, it's good enough for you."
My friend Gary, who was a big wheel financial advisor on Wall Street at one point, thinks that Savings accounts are an outmoded concept in today's easy credit markets.
He could explain it better than I, but he felt like standard economic advice about maintaining a safety reserve of savings was more of an appeal to the psyche, than made financial sense.
Pix - Feb 09, 2008 6:40:37 pm PST #8503 of 10001
We're all getting played with, babe. -Weird Barbie
Ideally, I want no credit card debt and savings. Bit of a pipe dream right now, but there you go.
DavidS - Feb 09, 2008 6:59:32 pm PST #8504 of 10001
"Look, son, if it's good enough for Shirley Bassey, it's good enough for you."
Ideally, I want no credit card debt and savings. Bit of a pipe dream right now, but there you go.
I'm really not anything like an authority on finances, but my gut feeling is that in an era of easy credit, savings is almost an outmoded concept. It feels right based on a work ethic, but I don't really think it's finessing the system that exists.
Leveraging debt is a big part of the financial services industry. People want to believe that their hard work creates real money that exists in a real sense, but the way finance actually works doesn't depend on that.
In short: having a good credit rating is more valuable than actual savings.