I find this incredible........... (Roman)

[michel]

Originally Posted by almifkhar

there is one rule i have always lived by, if i don't have cash, i don't buy it. i don't care what kind of emergency comes along, i refuse to pay by plastic. if the majority of other people lived by this standard, there would not be a personal debt problem. what i cant seem to get is why people insist on living beyond their means?

My wife was much the same when we met; she had learned thrift the hard way. At the age of 12 she had had to become her parent's parents; her father was blind, and elderly, her Mum was (and still is ) epileptic.

I had a small debt on plastic when we married, and she insisted we pay that off. Fom that moment, we only ever borrowed once - for a mortgage.

If we didn't have the money, we went without.

I use credit cards now, but every month the whole balance is paid off in full. It's the only way we can sleep at night.

[ChrisP]

Hehehe, I'm saving my pennies and learning survial skills. Maybe it'll be a depression, maybe it'll be complete anarchy. More likely a combination of both but either way, Scouts: be Prepared.

[michel]

To be fair, I think the times have changed; the acceptance of the idea of borrowing money is entrenched in today's society.

I remember Mum telling me that in pre WWII London, the very first store to sell furniture on credit was launched.

People were so snooty of those who needed to borrow money, that the store had to use plain vans to deliver the furniture, so neighbours wouldn't know.

[Darkdale]

Originally Posted by almifkhar

there is one rule i have always lived by, if i don't have cash, i don't buy it. i don't care what kind of emergency comes along, i refuse to pay by plastic.

Me too. Never owned a credit card. Never will. I'm a strickly cash and check kind of guy.