Anyone just not use credit cards at all?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DH and I only pay in full using cash. Unlike millennials, we don’t need to borrow money in order to buy the most fundamental of things. We neither seek nor desire credit, though many request lines of credit from us.

Lol. We pay the balances in full every month, Boomer. We aren’t borrowing money to buy fundamental things. I’m holding my money an extra 45 days longer than you on average and I get to collect interest on it before needing to pay the bill. Oh and I average about $10-$15k of free travel every year on the points I accumulate. Your lack of understanding of basic financial principles would be less shocking if you also weren’t so condescending in your ignorance.

Wow. You’re using credit cards to hold onto money for an extra 45 days to collect a little extra interest? For us, this would be like rummaging through dumpsters on the way to the country club to collect used soda cans for their deposits. The juice isn’t worth the squeeze, but if you’re counting pennies….

Oh, PP, and I’m surprised to learn your country club takes credit cards for paying monthly dues? Which one is that again?!?

[Anonymous]

Anonymous wrote:Due to our jobs (75 percent commission) we have realized over the years we tend to be lazy and optimistic and overcharge at times waiting for the commissions to come in. We just had a huge commission fall through and realized we overspent the last few months or so on our CC. I think this is probably not an issue for most of you have a pretty stable pay and budget. We are higher income so I think in the back of our minds it’s easy to be optimistic. We will be paying it off now but I just wanted to see if anyone else just moved to a debit card system to avoid this. I think we would still use CC on occasion like travel or big purchases. I know our situation is a little unusual and people with better self control wouldn’t get into this.

I was like this until I married, and would still be like this if my DH wasn’t in charge of the credit card payments. I liked using a debit card because I knew the money was gone the instant I bought it, and there would be no payments to miss. I’m also the type who never uses points/rewards/miles anyway because honestly, keeping track of those things was an additional headache and I’m not motivated to earn those things anyway. I do like to travel but I’d rather just pay myself to get exactly what I want when I want.

[Anonymous]

Just use credit card as a tool but religiously pay it off every month. Don't buy what you don't have money for, wait and save.

[Anonymous]

I use a credit card instead of a debit card to get the points, but I never carry a balance. If I overspent I guess just my savings would take a hit.

[Anonymous]

I just don’t see how a debit card solves your problem. Won’t you still overspend and then when you get to the end of the month, you won’t have the money to pay for necessities? I think a more disciplined budget makes more sense. And to really not count on any commission before you have it. It also makes it sound like you have no backup emergency funds, which is terrible. You need to go on a total spending diet for a period of some months—bare necessities only—and get to the point that you are not ahead of your earning.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DH and I only pay in full using cash. Unlike millennials, we don’t need to borrow money in order to buy the most fundamental of things. We neither seek nor desire credit, though many request lines of credit from us.

Lol. We pay the balances in full every month, Boomer. We aren’t borrowing money to buy fundamental things. I’m holding my money an extra 45 days longer than you on average and I get to collect interest on it before needing to pay the bill. Oh and I average about $10-$15k of free travel every year on the points I accumulate. Your lack of understanding of basic financial principles would be less shocking if you also weren’t so condescending in your ignorance.

First, if you’re using a credit card, you’re literally borrowing money, dumbass. Second, how are you getting free travel by accumulating points?!? There’s no such thing. You’re either paying an annual fee or forgoing cash back or paying elevated prices to cover the credit card fees that are innate to your millennial metropolitan blind spot. Perhaps you should rely less on Googling social media websites and blogs to educate yourself and learn some basic skills in the areas of mathematical analysis, financial planning, and critical thinking. Oh millennials…does your stupidity know no bounds?

Not even close. There is a whole other world out there that you are willfully ignorant of while insisting you are right. Please, tell us more about the things you don’t understand.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DH and I only pay in full using cash. Unlike millennials, we don’t need to borrow money in order to buy the most fundamental of things. We neither seek nor desire credit, though many request lines of credit from us.

Lol. We pay the balances in full every month, Boomer. We aren’t borrowing money to buy fundamental things. I’m holding my money an extra 45 days longer than you on average and I get to collect interest on it before needing to pay the bill. Oh and I average about $10-$15k of free travel every year on the points I accumulate. Your lack of understanding of basic financial principles would be less shocking if you also weren’t so condescending in your ignorance.

First, if you’re using a credit card, you’re literally borrowing money, dumbass. Second, how are you getting free travel by accumulating points?!? There’s no such thing. You’re either paying an annual fee or forgoing cash back or paying elevated prices to cover the credit card fees that are innate to your millennial metropolitan blind spot. Perhaps you should rely less on Googling social media websites and blogs to educate yourself and learn some basic skills in the areas of mathematical analysis, financial planning, and critical thinking. Oh millennials…does your stupidity know no bounds?

Not even close. There is a whole other world out there that you are willfully ignorant of while insisting you are right. Please, tell us more about the things you don’t understand.

The certainty is the thing which kills me. In the last 10 years I have crossed the Atlantic in lie-flat business class seats 7 times (fewer total trips than that, that's the number of flights in business), all paid for with credit card points and miles. The net annual fees on those cards was around $200-300/year. The credit card bonus game certainly isn't for everyone because of the learning curve involved, and it doesn't make.the trips totally free, but it makes the trips much cheaper and so much better. Just because that isn't PPs world doesn't mean it doesn't exist and isn't incredibly valuable.

[Anonymous]

Credit card cash back/points is priced into all goods and services you buy, paid for by the merchant in fees ti the card issuer. If you are paying cash and not receiving cash back or points, you are paying 2-3% more for every item you buy. If that’s what you want, enjoy!

[Anonymous]

I don’t use a credit card. No meed.

[Anonymous]

Anonymous wrote:I don’t use a credit card. No meed.

It’s not a need. It’s a huge benefit you are missing out on. Even if you don’t care about loads of free travel, you are giving up 2% minimum in cashback.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DH and I only pay in full using cash. Unlike millennials, we don’t need to borrow money in order to buy the most fundamental of things. We neither seek nor desire credit, though many request lines of credit from us.

Lol. We pay the balances in full every month, Boomer. We aren’t borrowing money to buy fundamental things. I’m holding my money an extra 45 days longer than you on average and I get to collect interest on it before needing to pay the bill. Oh and I average about $10-$15k of free travel every year on the points I accumulate. Your lack of understanding of basic financial principles would be less shocking if you also weren’t so condescending in your ignorance.

First, if you’re using a credit card, you’re literally borrowing money, dumbass. Second, how are you getting free travel by accumulating points?!? There’s no such thing. You’re either paying an annual fee or forgoing cash back or paying elevated prices to cover the credit card fees that are innate to your millennial metropolitan blind spot. Perhaps you should rely less on Googling social media websites and blogs to educate yourself and learn some basic skills in the areas of mathematical analysis, financial planning, and critical thinking. Oh millennials…does your stupidity know no bounds?

Not even close. There is a whole other world out there that you are willfully ignorant of while insisting you are right. Please, tell us more about the things you don’t understand.

The certainty is the thing which kills me. In the last 10 years I have crossed the Atlantic in lie-flat business class seats 7 times (fewer total trips than that, that's the number of flights in business), all paid for with credit card points and miles. The net annual fees on those cards was around $200-300/year. The credit card bonus game certainly isn't for everyone because of the learning curve involved, and it doesn't make.the trips totally free, but it makes the trips much cheaper and so much better. Just because that isn't PPs world doesn't mean it doesn't exist and isn't incredibly valuable.

Please cease and desist with your lack of perspective. You possess limited depth and even more restrictive breadth. I am all too familiar with the points and miles game you reference – I practically invented it. What you don’t realize, however, is that I’m operating at a superdimensional level of efficiency that transcends your commonplace achievements. In the last 10 months I have crossed the Atlantic in lie-flat business class seats 7+ times and I’ve spent $0 to do so. I love it when millennials proudly – yet foolishly – rediscover something I mastered in elementary school and then inadvertently project their ignorance for all to witness. The credit card game you’re currently playing? I played it 25 years ago. I’ve already moved on to the game after the game after that one. So deliciously malleable.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DH and I only pay in full using cash. Unlike millennials, we don’t need to borrow money in order to buy the most fundamental of things. We neither seek nor desire credit, though many request lines of credit from us.

Lol. We pay the balances in full every month, Boomer. We aren’t borrowing money to buy fundamental things. I’m holding my money an extra 45 days longer than you on average and I get to collect interest on it before needing to pay the bill. Oh and I average about $10-$15k of free travel every year on the points I accumulate. Your lack of understanding of basic financial principles would be less shocking if you also weren’t so condescending in your ignorance.

First, if you’re using a credit card, you’re literally borrowing money, dumbass. Second, how are you getting free travel by accumulating points?!? There’s no such thing. You’re either paying an annual fee or forgoing cash back or paying elevated prices to cover the credit card fees that are innate to your millennial metropolitan blind spot. Perhaps you should rely less on Googling social media websites and blogs to educate yourself and learn some basic skills in the areas of mathematical analysis, financial planning, and critical thinking. Oh millennials…does your stupidity know no bounds?

Not even close. There is a whole other world out there that you are willfully ignorant of while insisting you are right. Please, tell us more about the things you don’t understand.

The certainty is the thing which kills me. In the last 10 years I have crossed the Atlantic in lie-flat business class seats 7 times (fewer total trips than that, that's the number of flights in business), all paid for with credit card points and miles. The net annual fees on those cards was around $200-300/year. The credit card bonus game certainly isn't for everyone because of the learning curve involved, and it doesn't make.the trips totally free, but it makes the trips much cheaper and so much better. Just because that isn't PPs world doesn't mean it doesn't exist and isn't incredibly valuable.

Please cease and desist with your lack of perspective. You possess limited depth and even more restrictive breadth. I am all too familiar with the points and miles game you reference – I practically invented it. What you don’t realize, however, is that I’m operating at a superdimensional level of efficiency that transcends your commonplace achievements. In the last 10 months I have crossed the Atlantic in lie-flat business class seats 7+ times and I’ve spent $0 to do so. I love it when millennials proudly – yet foolishly – rediscover something I mastered in elementary school and then inadvertently project their ignorance for all to witness. The credit card game you’re currently playing? I played it 25 years ago. I’ve already moved on to the game after the game after that one. So deliciously malleable.

Lol. Nice try troll.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DH and I only pay in full using cash. Unlike millennials, we don’t need to borrow money in order to buy the most fundamental of things. We neither seek nor desire credit, though many request lines of credit from us.

Lol. We pay the balances in full every month, Boomer. We aren’t borrowing money to buy fundamental things. I’m holding my money an extra 45 days longer than you on average and I get to collect interest on it before needing to pay the bill. Oh and I average about $10-$15k of free travel every year on the points I accumulate. Your lack of understanding of basic financial principles would be less shocking if you also weren’t so condescending in your ignorance.

First, if you’re using a credit card, you’re literally borrowing money, dumbass. Second, how are you getting free travel by accumulating points?!? There’s no such thing. You’re either paying an annual fee or forgoing cash back or paying elevated prices to cover the credit card fees that are innate to your millennial metropolitan blind spot. Perhaps you should rely less on Googling social media websites and blogs to educate yourself and learn some basic skills in the areas of mathematical analysis, financial planning, and critical thinking. Oh millennials…does your stupidity know no bounds?

Not even close. There is a whole other world out there that you are willfully ignorant of while insisting you are right. Please, tell us more about the things you don’t understand.

The certainty is the thing which kills me. In the last 10 years I have crossed the Atlantic in lie-flat business class seats 7 times (fewer total trips than that, that's the number of flights in business), all paid for with credit card points and miles. The net annual fees on those cards was around $200-300/year. The credit card bonus game certainly isn't for everyone because of the learning curve involved, and it doesn't make.the trips totally free, but it makes the trips much cheaper and so much better. Just because that isn't PPs world doesn't mean it doesn't exist and isn't incredibly valuable.

Please cease and desist with your lack of perspective. You possess limited depth and even more restrictive breadth. I am all too familiar with the points and miles game you reference – I practically invented it. What you don’t realize, however, is that I’m operating at a superdimensional level of efficiency that transcends your commonplace achievements. In the last 10 months I have crossed the Atlantic in lie-flat business class seats 7+ times and I’ve spent $0 to do so. I love it when millennials proudly – yet foolishly – rediscover something I mastered in elementary school and then inadvertently project their ignorance for all to witness. The credit card game you’re currently playing? I played it 25 years ago. I’ve already moved on to the game after the game after that one. So deliciously malleable.

Lol. Nice try troll.

What a truly linguistic masterpiece. Uh, me Tarzan, you Jane.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DH and I only pay in full using cash. Unlike millennials, we don’t need to borrow money in order to buy the most fundamental of things. We neither seek nor desire credit, though many request lines of credit from us.

Lol. We pay the balances in full every month, Boomer. We aren’t borrowing money to buy fundamental things. I’m holding my money an extra 45 days longer than you on average and I get to collect interest on it before needing to pay the bill. Oh and I average about $10-$15k of free travel every year on the points I accumulate. Your lack of understanding of basic financial principles would be less shocking if you also weren’t so condescending in your ignorance.

First, if you’re using a credit card, you’re literally borrowing money, dumbass. Second, how are you getting free travel by accumulating points?!? There’s no such thing. You’re either paying an annual fee or forgoing cash back or paying elevated prices to cover the credit card fees that are innate to your millennial metropolitan blind spot. Perhaps you should rely less on Googling social media websites and blogs to educate yourself and learn some basic skills in the areas of mathematical analysis, financial planning, and critical thinking. Oh millennials…does your stupidity know no bounds?

How do you earn cash back if you only pay with cash? Some debit cards do offer cash back now, but none exceed credit card %s.

There are vanishingly few instances were paying cash results in lower prices than paying with credit card — I agree the fees are baked into the prices, but unless EVERYONE went to cash, it’s unlikely prices would drop. Further, handling cash is expensive for businesses too in other ways, with theft and physical transport etc, so it’s unlikely to completely eliminate the cost of transactions.

[Anonymous]

Agree that this isnt a credit card problem its a budget problem. Fix your budget, and it doesn't matter what form of payment you use.

I almost exclusively use credit cardsa for everything. Ive never paid an annual fee on a card. I maximize points back in various categories and pay my balance on auto pay every month.

I use cash to teach my kids about budgets though. They get cash monthly and we talk about prices and getting change and keeping track of your spending. But for an adult, paying with cash is weird.