Reply to Help - I rack up such a high balance on my credit card every month

Forum Index » Money and Finances

Reply to "Help - I rack up such a high balance on my credit card every month"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm early twenties, living with my parents. Zero debt, minimal bills every month. i just paid down a $900 balance last month and now I'm already at $700. HELP. Help me to stop. I'm saving as much as I can, but now since opening a credit card I'm racking it up so fast.

I want to keep it to like, phone bill ($100), gas ($23 every week), and occasionally groceries (probably $100 a month)[/quote]

I'm increasingly amazed at how stupid some people are. Save yourself because no one else will. It's part of growing up.[/quote]

Don't listen to Miss Grumpypants.  Recognizing the problem is a very good first step.  Self-discipline can be learned.

1) Leave the CC at home and go 'all cash.' It will hurt a little when you have to buy something.
2) look for a cheaper phone plan[/quote]

Thank you! Idk how spending money makes me STUPID - obviously I'm aware that I'm a spender and want to get better about it. 
Can't find a cheaper phone plan, I like Verizon.[/quote]

Spending money doesn't make you stupid.   It's how you spend your money that can make you financially stupid.  I personally don't think that makes you a stupid person overall.  I got into some serious credit card trouble and finally just cut them up.  Haven't used them in five years.  At the time I couldn't imagine how I could live without them.  Now I can't imagine how I thought using them was ever a good idea.  If you don't have the money then you shouldn't spend it.  OP, if you are otherwise saving then there should be no reason that you can't use real money for everything.  Go cold turkey and I promise you you will shift your priorities and feel liberated from the bills.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics