Anyone just not use credit cards at all?

[Anonymous]

Anonymous wrote: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.

It’s not weird if OP doesn’t have the self control not to overspend. Credit cards are for those with discipline, not for actually borrowing money.

[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?

If the store is not giving a cash discount you are not paying more to use a CC. Might as well get the rewards. Pay the card in full, get 3-5k in rewards plus hotel discounts (Amex platinum offers great rewards)

[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?

If the store is not giving a cash discount you are not paying more to use a CC. Might as well get the rewards. Pay the card in full, get 3-5k in rewards plus hotel discounts (Amex platinum offers great rewards)

Don’t bother trying to help that poster. He/she is being deliberately obtuse, or is actually really stupid. According to him/her, she is 2 games past the credit card game already! But he/she won’t actually say what they mean by that, because they are FOS.

[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?

If the store is not giving a cash discount you are not paying more to use a CC. Might as well get the rewards. Pay the card in full, get 3-5k in rewards plus hotel discounts (Amex platinum offers great rewards)

Don’t bother trying to help that poster. He/she is being deliberately obtuse, or is actually really stupid. According to him/her, she is 2 games past the credit card game already! But he/she won’t actually say what they mean by that, because they are FOS.

This has become quite amusing for me. You’re like a cat chasing a laser pointer or ball of yarn. I thought at first you might be joking, but you legitimately and seriously believe that you’ve mastered some sort of credit card game!?! Seek the blog. Understand the truth. Then you’ll be on the right track. I earn money with each one of your clicks.

[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?

If the store is not giving a cash discount you are not paying more to use a CC. Might as well get the rewards. Pay the card in full, get 3-5k in rewards plus hotel discounts (Amex platinum offers great rewards)

Don’t bother trying to help that poster. He/she is being deliberately obtuse, or is actually really stupid. According to him/her, she is 2 games past the credit card game already! But he/she won’t actually say what they mean by that, because they are FOS.

This has become quite amusing for me. You’re like a cat chasing a laser pointer or ball of yarn. I thought at first you might be joking, but you legitimately and seriously believe that you’ve mastered some sort of credit card game!?! Seek the blog. Understand the truth. Then you’ll be on the right track. I earn money with each one of your clicks.

Cool story, bro (broette?). Someone is living in fantasy land.

[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.

This or play the Hotel game. We like to stay at higher end hotels. AmexPlatinum offers great deals for that. Typically better rates than we can get thru hotel (or at least the same), free rooms upgrade if available, early checkin if available but the key $$$ is Guaranteed late checkout, free breakfast ($75-90 for a couple) and a $100-200 "resort credit". We use it to leave a location on an evening flight and you get the entire day at the hotel "for free". Eating a full breakfast means lunch normally isn't needed (or just split something for 2 of us). That plus the Centurion lounge access for free for 1+guest (we spend enough to get that) makes flying more enjoyable

If a place offers a discount for cash/check, I will often pay cash/check. But fact is most do not, and for a major purchase the CC protection is beneficial. The "higher costs" are baked into the prices, you pay that even if you pay cash. Might as well get a huge discount.

Last year alone, I put a new furnace/boiler, new roof, painting entire exterior of a home (wood siding) on CC. That was over $100K. I asked for a discount, there was none, so CC it is

[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.

You have a budget and discipline problem, not a credit card problem.
If the only thing that can stop you from spending is a denied charge on a debit card, you have a problem.
Figure out how to budget your expenses.

[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?

If the store is not giving a cash discount you are not paying more to use a CC. Might as well get the rewards. Pay the card in full, get 3-5k in rewards plus hotel discounts (Amex platinum offers great rewards)

I agree with you PP, but idgaf what anyone else does lol.

[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?

If the store is not giving a cash discount you are not paying more to use a CC. Might as well get the rewards. Pay the card in full, get 3-5k in rewards plus hotel discounts (Amex platinum offers great rewards)

I agree with you PP, but idgaf what anyone else does lol.

Nope, I'm PP and I agree! Everyone can do what they want. But love to "education" people on how to take advantage of it, assuming they have their finances under control (ie only charge what they actually can pay off each month). A tiny bit of time invested and you can make $2K+ for simply charging everything you pay for. Seems silly not to take advantage of it