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Reply to "What is your monthly credit card bill?"
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[quote=Anonymous][quote=Anonymous]For those who charge monthly expenses and pay off every month, how do you ensure that you have enough to pay it off every month? Do you not carry your debit card and pay cash only? Do you pay the bill all at once, or do you make several payments to your credit during the month? I worry that psychologically, I would see the high checking balance, and think that we have more to spend than we do. [/quote] My answer for this is that I am smart enough and have enough self control to not buy things that I can't afford or don't need - it's really the same concept as using a debit card if you know how much is in your checking account you'll only spend what you have. If we spend as we normally do, then we know in general what our monthly bill is going to be (in our case it's more like $2500/month). And I check our bill throughout the month to ensure that there aren't any unusual charges on there. I only pay once a month.[/quote]
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