Comments on Wisdom Steps 101 ... Be Weird...Be Debt Free: Living Without Credit

I like having credit around as an emergency backup...

2009-09-17T17:04:06.396-05:00

I like having credit around as an emergency backup, but I make a conscious effort not to rely on it. I do have quite a bit in student loans, but I consider that an investment.

you are correct Kate. I make no qualms about that...

2009-09-10T22:56:06.702-05:00

you are correct Kate. I make no qualms about that. I should have, if I had wanted so long now, I was in a desperate situation to get the repairs down ASAP. With severe water damage on the old wooden siding, It had to replaced with something.

Did you recently sign up to have the siding redone...

2009-09-10T16:08:53.824-05:00

Did you recently sign up to have the siding redone? If so, if you were following your own advice, you'd have saved enough to pay cash for it - even if it took a couple of years.

To me, it somewhat dilutes your message if you're not actually following the advice.

I tried paying the money to the credit card as I c...

2009-09-09T15:53:22.475-05:00

I tried paying the money to the credit card as I charge but I spend more that way, on average I been charging 3,000 per month and only paying back 1,500.

HS

very well said Edie

2009-09-09T15:01:39.704-05:00

very well said Edie

Cash is King! I, for years, tried to live the &qu...

2009-09-09T14:13:53.130-05:00

Cash is King! I, for years, tried to live the "normal" American way.....and all it got me was broke, broke, and more broke.

I have not had any problems buying stuff online, or purchasing plane tickets (I buy 2 or 3 a year) with my debit card. Renting a car is a little more tricky, but not if I call and ask first, and make my arrangements. Doing this ground work for rental cars is worth the time and effort of not having a credit card snake in my wallet.

I am doing it the honest way from now on: I am going to live below my means. I am going to pay cash for what I want, and if I can't pay cash, then I am not getting "it" - the thing I want to buy.

I am no longer going to live on the "if come"...never again. Never again will I get a bill collector calling because of my own stupidity and immaturity. Never again will I lay awake at night and wonder how I can rob Peter to pay Paul.

I could give a hill of beans about my FICO score. Let it rot in Hades! It is nothing but a "get in debt, stay in debt, make lots of debt payments for your whole life, and oh...you better have a whole lots of different kinds of debt" score.

I am tired of paying rich bankers my hard earned money. I have broken the chains of debt and I am not going back there again!

you're welcome. However, if you had made thos...

2009-09-09T11:55:19.820-05:00

you're welcome. However, if you had made those same payments to a savings account over the years since your last payment, you wouldn't have had to make payments this time.

Thank you for including me in your post. Glad to ...

2009-09-09T09:50:43.795-05:00

Thank you for including me in your post. Glad to offer my two cents but reading the full post definitely put some things in perspective and I agree with a lot of your points. I try my best to pay everything in cash and when I can fully afford it but like right now I just bought a new car because my old one died and had to finance it.