July 31st, 2008, 12:08 AM #30
Re: Our Economy and the fall of the dollar
I feel you Kmoney, I put it like this, do you go out and borrow money everyday? Nope, so why use the credit cards everyday. Comming from my pass debt experience, I think credit cards should be used when you need to keep it going with some type of charges or when you want to purchase something WITH A PLAN TO PAY OFF! I always look at it this way, when I make a plan to pay off, it has to be able to come from my income. If I could not afford to pay it off on my own, then I dont need it. You never know when your spouse (or yourself) may run into a lay off or job loss period.