WWBW credit card

MaryAnn · Post by **MaryAnn** » Fri May 13, 2005 2:47 pm

I like my credit union too, although they were too slow on the uptake to get my mortgage business. I also don't buy stuff I can't afford, with the exception of my house, which I paid off way, way early while not buying all the stuff people usually get like furniture. The old ratty furniture is comfortable, anyway. And the old truck runs really well after I just got it tuned up.
The new tuba may or may not happen in a few months, after I get over the $$ mark I need to buy it, and also after a play-testing trip to somewhere.
How many of you have enough money in the bank to live on for a while if you lose your job?

MA

funkcicle · Post by **funkcicle** » Sat May 14, 2005 1:29 am

MaryAnn wrote:
How many of you have enough money in the bank to live on for a while if you lose your job?

MA

My parents taught me that if nothing else, always have a nice financial cushion that could get me through a rough patch.. I generally have enough in the bank that i could live comfortably(with some sacrifices) for about a 6 month period without any other sourced of income..if i needed to. Chances are I'll never have to face that possibility, but it's a nice bit of security to have at my young age. It's also nice to be able to pay cash on major purchases when they come around.. rather than jumping the gun and paying for it threefold.

funk"hasn't incurred any new debt since 2001"cicle

Chuck(G) · Post by **Chuck(G)** » Sat May 14, 2005 10:56 am

If you must borrow money (there are emergencies and necessities in life), don't do it with a credit card. If you read the fine print, the issuer can pretty much do whatever it wants, including jumping your interest rate above the advertised.

Much better to talk to you local bank, credit union, or corner loanshark. At least you'll know what the vig is.