| [Deep Freeze] Wednesday, March 18, 2009 8:10:11 AM | |
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Good lord!! You know, that is a common reaction to financial trouble. Economy is bad so what do they do? Aquire MORE debt!! You cannot solve money problems by adding more debt! That increases the problem. It's like adding MORE cancer cells to a cancer patient!! Typical reaction, though.
[Show/Hide Quoted Message] (Quoting Message by Necroticist from Wednesday, March 18, 2009 8:06:33 AM)| |  | Necroticist wrote: | | | Loads of ppl here are taking out loans.. cos of the economy = the interest rate is bloody 150% |
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| [Necroticist] Wednesday, March 18, 2009 8:06:33 AM | |
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| Loads of ppl here are taking out loans.. cos of the economy = the interest rate is bloody 150% |
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| [Deep Freeze] Wednesday, March 18, 2009 8:00:25 AM | |
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Very wise, my friend. You know, so many people think they understand interest but do not. When people in this country buy a house, they are always worried about "rate"....RATE RATE RATE. Amazing. Rate is merely a payment amount! Seriously. What they need to be concerned with is total cost, just as you mentioned. What will it cost me in full? If you go to buy a car, try asking the sales guy what the price of the car is, IN FULL. All they do is sell you a payment. They do not want you to know what the total cost is!! THAT is how interest really works.
[Show/Hide Quoted Message] (Quoting Message by _strat_ from Wednesday, March 18, 2009 7:54:19 AM)| | | _strat_ wrote: | | Yup. And I usualy get a percent or two of discount if I pay in cash. Just for the big stuff, tho, like when I bought the guitar amp.
Frankly, I know what is a "limit" and I get "interest", but... I just choose the simplest way. I know how much I have = I know how much I can spend. Not the stuff when "I have 500€, but I can spend 700, and pay the difference later". Just complications. Expensive ones too.
| | | Deep Freeze wrote: | | That's a great point strat. Knowing what you are spending. People use credit, pay the monthly payments and get buried by interest. Worse yet, MOST people do NOT truly understand interest and that is a HUGE problem.
| | | _strat_ wrote: | | I dont use any money-related cards either. No credit cards, and even tho I have my bank card (or whatever its called - the one you stick in the ATM machine), I dont pay with it either. My reason is just that... I like cash. Really, with cards I never have a feeling on how much Im spending that I have with coins and banknotes.
| | | Deep Freeze wrote: | | | 'Morning, gents. Interesting conversation. I do not use credit cards, either. As a matter of fact, I am constantly crusading against them. In this country, credit is the number one obstacle towards wealth. You simply cannnot build true wealth when you are in debt. Working for a bank, I have seen some horrible mistakes with credit. I have a car payment but only because I did not want to spend all the cash at once. Same with the house. But I do not carry even ONE credit card and neither does the Princess. We use debit or pay cash. Period. |
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| [Necroticist] Wednesday, March 18, 2009 7:56:59 AM | |
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| I just keep it in my wallet these days...don't trust anyone.. |
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| [_strat_] Wednesday, March 18, 2009 7:54:19 AM | |
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Yup. And I usualy get a percent or two of discount if I pay in cash. Just for the big stuff, tho, like when I bought the guitar amp.
Frankly, I know what is a "limit" and I get "interest", but... I just choose the simplest way. I know how much I have = I know how much I can spend. Not the stuff when "I have 500€, but I can spend 700, and pay the difference later". Just complications. Expensive ones too.
[Show/Hide Quoted Message] (Quoting Message by Deep Freeze from Wednesday, March 18, 2009 7:47:26 AM)| | | Deep Freeze wrote: | | That's a great point strat. Knowing what you are spending. People use credit, pay the monthly payments and get buried by interest. Worse yet, MOST people do NOT truly understand interest and that is a HUGE problem.
| | | _strat_ wrote: | | I dont use any money-related cards either. No credit cards, and even tho I have my bank card (or whatever its called - the one you stick in the ATM machine), I dont pay with it either. My reason is just that... I like cash. Really, with cards I never have a feeling on how much Im spending that I have with coins and banknotes.
| | | Deep Freeze wrote: | | | 'Morning, gents. Interesting conversation. I do not use credit cards, either. As a matter of fact, I am constantly crusading against them. In this country, credit is the number one obstacle towards wealth. You simply cannnot build true wealth when you are in debt. Working for a bank, I have seen some horrible mistakes with credit. I have a car payment but only because I did not want to spend all the cash at once. Same with the house. But I do not carry even ONE credit card and neither does the Princess. We use debit or pay cash. Period. |
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| [Deep Freeze] Wednesday, March 18, 2009 7:47:26 AM | |
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That's a great point strat. Knowing what you are spending. People use credit, pay the monthly payments and get buried by interest. Worse yet, MOST people do NOT truly understand interest and that is a HUGE problem.
[Show/Hide Quoted Message] (Quoting Message by _strat_ from Wednesday, March 18, 2009 7:44:01 AM)| | | _strat_ wrote: | | I dont use any money-related cards either. No credit cards, and even tho I have my bank card (or whatever its called - the one you stick in the ATM machine), I dont pay with it either. My reason is just that... I like cash. Really, with cards I never have a feeling on how much Im spending that I have with coins and banknotes.
| | | Deep Freeze wrote: | | | 'Morning, gents. Interesting conversation. I do not use credit cards, either. As a matter of fact, I am constantly crusading against them. In this country, credit is the number one obstacle towards wealth. You simply cannnot build true wealth when you are in debt. Working for a bank, I have seen some horrible mistakes with credit. I have a car payment but only because I did not want to spend all the cash at once. Same with the house. But I do not carry even ONE credit card and neither does the Princess. We use debit or pay cash. Period. |
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| [_strat_] Wednesday, March 18, 2009 7:44:01 AM | |
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I dont use any money-related cards either. No credit cards, and even tho I have my bank card (or whatever its called - the one you stick in the ATM machine), I dont pay with it either. My reason is just that... I like cash. Really, with cards I never have a feeling on how much Im spending that I have with coins and banknotes.
[Show/Hide Quoted Message] (Quoting Message by Deep Freeze from Wednesday, March 18, 2009 7:38:09 AM)| | | Deep Freeze wrote: | | | 'Morning, gents. Interesting conversation. I do not use credit cards, either. As a matter of fact, I am constantly crusading against them. In this country, credit is the number one obstacle towards wealth. You simply cannnot build true wealth when you are in debt. Working for a bank, I have seen some horrible mistakes with credit. I have a car payment but only because I did not want to spend all the cash at once. Same with the house. But I do not carry even ONE credit card and neither does the Princess. We use debit or pay cash. Period. |
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| [Deep Freeze] Wednesday, March 18, 2009 7:38:09 AM | |
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| 'Morning, gents. Interesting conversation. I do not use credit cards, either. As a matter of fact, I am constantly crusading against them. In this country, credit is the number one obstacle towards wealth. You simply cannnot build true wealth when you are in debt. Working for a bank, I have seen some horrible mistakes with credit. I have a car payment but only because I did not want to spend all the cash at once. Same with the house. But I do not carry even ONE credit card and neither does the Princess. We use debit or pay cash. Period. |
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| [Return_of_Darth_Painkiller_0870] Wednesday, March 18, 2009 6:51:09 AM | |
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I hear ya about the money thing. My bank doesn't charge me squat for a statement, but child support is a total friggin' bitch.
[Show/Hide Quoted Message] (Quoting Message by Necroticist from Wednesday, March 18, 2009 6:30:46 AM)| | | Necroticist wrote: | | Money problems are one thing i never seem to shake...being homeless always works out...in the end...and as for women....dont get me started.. - i don't have credit cards or use a bank anymore - i got so pissed at em for charging me £12 a month to send a letter telling me my account balance...sod that!
| | | Darth_Painkiller_0870 wrote: | | G' morning Necro....My bro needs to pitch in though and start buying some of this stuff. I just paid off all my credit cards, and now they're getting socked again! UGH!
| | | Necroticist wrote: | | | Good morning all - i hear ya on the furniture front Darth - think i posted enuff on what happened to us - plus i had an ex who left me with the clothes i was wearing and homeless...it only gets better.. |
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| [Necroticist] Wednesday, March 18, 2009 6:30:46 AM | |
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Money problems are one thing i never seem to shake...being homeless always works out...in the end...and as for women....dont get me started.. - i don't have credit cards or use a bank anymore - i got so pissed at em for charging me £12 a month to send a letter telling me my account balance...sod that!
[Show/Hide Quoted Message] (Quoting Message by Darth_Painkiller_0870 from Wednesday, March 18, 2009 6:00:41 AM)| | | Darth_Painkiller_0870 wrote: | | G' morning Necro....My bro needs to pitch in though and start buying some of this stuff. I just paid off all my credit cards, and now they're getting socked again! UGH!
| | | Necroticist wrote: | | | Good morning all - i hear ya on the furniture front Darth - think i posted enuff on what happened to us - plus i had an ex who left me with the clothes i was wearing and homeless...it only gets better.. |
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| [Return_of_Darth_Painkiller_0870] Wednesday, March 18, 2009 6:00:41 AM | |
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G' morning Necro....My bro needs to pitch in though and start buying some of this stuff. I just paid off all my credit cards, and now they're getting socked again! UGH!
[Show/Hide Quoted Message] (Quoting Message by Necroticist from Wednesday, March 18, 2009 5:52:36 AM)| | | Necroticist wrote: | | | Good morning all - i hear ya on the furniture front Darth - think i posted enuff on what happened to us - plus i had an ex who left me with the clothes i was wearing and homeless...it only gets better.. |
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| [Necroticist] Wednesday, March 18, 2009 5:52:36 AM | |
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| Good morning all - i hear ya on the furniture front Darth - think i posted enuff on what happened to us - plus i had an ex who left me with the clothes i was wearing and homeless...it only gets better.. |
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| [Return_of_Darth_Painkiller_0870] Wednesday, March 18, 2009 5:13:22 AM | |
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Actually, I can probably get a dresser from my parents' house. I might start going through craigslist too.
[Show/Hide Quoted Message] (Quoting Message by ronhartsell from Wednesday, March 18, 2009 4:58:39 AM)| | | ronhartsell wrote: | | Sounds great!! Don't overwhelm yourself by thinking you have to get everything at once, either...take your time and see what's out there...a little 'shopping around' goes a long way...have family and friends keep an 'eye' out for things...this is the time of year ppl start 'spring cleaning' which means there will be plenty of 'garage sales' popping up...and you could get a lot of good stuff on the cheap that way...just an idea...
| | | Darth_Painkiller_0870 wrote: | | Still moving and buying stuff Ron. Any furniture my ex-wife and I accumulated together I let her keep when I moved out last year, and my brother has only his bedroom set. Got a slightly abused sofa and reclining love seat from our parents, plus...my dad is giving us his 5 yr old 42" plasma screen! Yes, it still works quite well and it'll last the year without issue. I still have to get a tv stand, dvd/vcr combo player and router plus a couple pieces of bedroom furniture. Oooofa!
| | | ronhartsell wrote: | | Hey there DPK...how's the new apt. working for you??...moving isn't any fun, but when it's over, everything seems so much better!!
| | | Darth_Painkiller_0870 wrote: | | | Hey guys! Happy Hump Day to you too, Ron! |
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| [ron h] Wednesday, March 18, 2009 4:58:39 AM | |
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Sounds great!! Don't overwhelm yourself by thinking you have to get everything at once, either...take your time and see what's out there...a little 'shopping around' goes a long way...have family and friends keep an 'eye' out for things...this is the time of year ppl start 'spring cleaning' which means there will be plenty of 'garage sales' popping up...and you could get a lot of good stuff on the cheap that way...just an idea...
[Show/Hide Quoted Message] (Quoting Message by Darth_Painkiller_0870 from Wednesday, March 18, 2009 4:51:49 AM)| | | Darth_Painkiller_0870 wrote: | | Still moving and buying stuff Ron. Any furniture my ex-wife and I accumulated together I let her keep when I moved out last year, and my brother has only his bedroom set. Got a slightly abused sofa and reclining love seat from our parents, plus...my dad is giving us his 5 yr old 42" plasma screen! Yes, it still works quite well and it'll last the year without issue. I still have to get a tv stand, dvd/vcr combo player and router plus a couple pieces of bedroom furniture. Oooofa!
| | | ronhartsell wrote: | | Hey there DPK...how's the new apt. working for you??...moving isn't any fun, but when it's over, everything seems so much better!!
| | | Darth_Painkiller_0870 wrote: | | | Hey guys! Happy Hump Day to you too, Ron! |
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| [Return_of_Darth_Painkiller_0870] Wednesday, March 18, 2009 4:51:49 AM | |
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Still moving and buying stuff Ron. Any furniture my ex-wife and I accumulated together I let her keep when I moved out last year, and my brother has only his bedroom set. Got a slightly abused sofa and reclining love seat from our parents, plus...my dad is giving us his 5 yr old 42" plasma screen! Yes, it still works quite well and it'll last the year without issue. I still have to get a tv stand, dvd/vcr combo player and router plus a couple pieces of bedroom furniture. Oooofa!
[Show/Hide Quoted Message] (Quoting Message by ronhartsell from Wednesday, March 18, 2009 4:40:41 AM)| | | ronhartsell wrote: | | Hey there DPK...how's the new apt. working for you??...moving isn't any fun, but when it's over, everything seems so much better!!
| | | Darth_Painkiller_0870 wrote: | | | Hey guys! Happy Hump Day to you too, Ron! |
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| [ron h] Wednesday, March 18, 2009 4:40:41 AM | |
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Hey there DPK...how's the new apt. working for you??...moving isn't any fun, but when it's over, everything seems so much better!!
[Show/Hide Quoted Message] (Quoting Message by Darth_Painkiller_0870 from Wednesday, March 18, 2009 4:36:42 AM)| | | Darth_Painkiller_0870 wrote: | | | Hey guys! Happy Hump Day to you too, Ron! |
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| [Return_of_Darth_Painkiller_0870] Wednesday, March 18, 2009 4:36:42 AM | |
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| Hey guys! Happy Hump Day to you too, Ron! |
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| [ron h] Wednesday, March 18, 2009 4:28:30 AM | |
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...Hi strat...'hump day' as in the middle of the week...we're half way there (to the weekend)...of course it can be intended as a pun as well...how are you doing today??
[Show/Hide Quoted Message] (Quoting Message by _strat_ from Wednesday, March 18, 2009 4:17:38 AM)| | | _strat_ wrote: | | Good late morning to you!
Whats this with hump day? Does it have any connection with... er... humping?
| | | ronhartsell wrote: | | | Good morning (day for you Becks...lol) fellow Metalheads!!! Woohoo...it's hump day!! |
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| [_strat_] Wednesday, March 18, 2009 4:17:38 AM | |
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Good late morning to you!
Whats this with hump day? Does it have any connection with... er... humping?
[Show/Hide Quoted Message] (Quoting Message by ronhartsell from Wednesday, March 18, 2009 4:04:00 AM)| | | ronhartsell wrote: | | | Good morning (day for you Becks...lol) fellow Metalheads!!! Woohoo...it's hump day!! |
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| [ron h] Wednesday, March 18, 2009 4:04:00 AM | |
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| Good morning (day for you Becks...lol) fellow Metalheads!!! Woohoo...it's hump day!! |
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