What Are You Doing Right Now? (118 Viewers)

[Dragon]

I understand what a sale is.

But if you don't have any emergency money saved away, and going into debt to finance your other purchases through use of a credit card, then you really can't afford these things.

But who cares about financial responsibility.

I own a credit card and use it to buy things that I can't afford with my debit card, or simply to finance myself (I don;t know if that's a term in english) and pay it in parts.

Afterall, that's what credit is about isn't it.

Doesn't mean I'm financially irresponsible and won't pay for it later

 

Buy on AliExpress.com

[Dragon]

I like Kraft mac and cheese.

Me too. And Oreos and Philadelphia cream cheese

 

[Quetzalcoatl]

I own a credit card and use it to buy things that I can't afford with my debit card, or simply to finance myself (I don;t know if that's a term in english) and pay it in parts.

Afterall, that's what credit is about isn't it.

Doesn't mean I'm financially irresponsible and won't pay for it later

I use my credit card just to earn bonus points but pay it back immediately. I hate loans, but unfortunately I may have to take one next year.

 

[Dragon]

I use my credit card just to earn bonus points but pay it back immediately. I hate loans, but unfortunately I may have to take one next year.

I used to pay it back immediately but nowadays I pay the minimum each month

 

[Quetzalcoatl]

I used to pay it back immediately but nowadays I pay the minimum each month

That's dangerous, imo. I actually work at a credit card centre and I see the amount of interest people have to pay.

 

[swag]

Guys you have to understand that girls love new shoes, its more important for some to look good than to have food.

It's not about the shoes!

I understand what a sale is.

But if you don't have any emergency money saved away, and going into debt to finance your other purchases through use of a credit card, then you really can't afford these things.

But who cares about financial responsibility.

We're probably getting into semantics here. "Can't afford" isn't the same thing as "I've budgeted for". So hearing someone they cannot afford a TV without the discount suggests that they're probably hocking their kids' education to buy an ATV too.

Welcome to Florida.

 

[Dragon]

That's dangerous, imo. I actually work at a credit card centre and I see the amount of interest people have to pay.

That's why you gotta pay before your due date each month

 

[swag]

That's why you gotta pay before your due date each month

It's easy to get screwed over. I know a guy who paid them off all the time and then let his credit run up a bit for a while. Then with the financial meltdown, his 8% payments shot up to 20% and kicked in as soon as he was a couple days late with a check. Now he's as good as an indentured slave.

 

[Bjerknes]

I own a credit card and use it to buy things that I can't afford with my debit card, or simply to finance myself (I don;t know if that's a term in english) and pay it in parts.

Afterall, that's what credit is about isn't it.

Doesn't mean I'm financially irresponsible and won't pay for it later

Credit cards are meant to siphon off more cash from unsuspecting consumers in a buying binge, so you're right about that.

 

[Bjerknes]

We're probably getting into semantics here. "Can't afford" isn't the same thing as "I've budgeted for". So hearing someone they cannot afford a TV without the discount suggests that they're probably hocking their kids' education to buy an ATV too.

Welcome to Florida.

Could be.

I'm losing sympathy for such people.

 

[Dragon]

Credit cards are meant to siphon off more cash from unsuspecting consumers in a buying binge, so you're right about that.

That's one way to look at it.

The way I look at it is that it's made to buy things you need (books, college tuition, a gift for a special someone) and you don't have the liquidity to pay for it right away. Unfortunately having that money you don't have available comes with a price (interests)

 

[Gabriel]

Fabi you didn't say happy birthday to me, i'm no longer your friend.

 

[Dragon]

Fabi you didn't say happy birthday to me, i'm no longer your friend.

Gabo; disculpame no sabia que habia sido tu cumple.

Espero que la hayas pasado muy bien y te deseo todo lo mejor!

 

[Bjerknes]

That's one way to look at it.

The way I look at it is that it's made to buy things you need (books, college tuition, a gift for a special someone) and you don't have the liquidity to pay for it right away. Unfortunately having that money you don't have available comes with a price (interests)

The difference here is that you need those books and an education.

You don't need $300 shoes.

 

[Dragon]

The difference here is that you need those books and an education.

You don't need $300 shoes.

The shoes were an example.

Like I said before, it could be anything.

My poor coworker probably doesn't need the plasma TV. That doesn't mean he isn't allowed to save for it. In the end it comes to what your priorities are.

 

[Fred]

Andy, what are the chances of a Computer Science graduate from the UAE(he has American citizenship) finding a job in IT at some company there in the US?

 

[Bjerknes]

The shoes were an example.

Like I said before, it could be anything.

My poor coworker probably doesn't need the plasma TV. That doesn't mean he isn't allowed to save for it. In the end it comes to what your priorities are.

I never said he couldn't. If someone's priorities are not saving a decent portion of income, then have at it. Just don't be beggin' for food stamps after buying a flat screen.

Andy, what are the chances of a Computer Science graduate from the UAE(he has American citizenship) finding a job in IT at some company there in the US?

I have no idea. But I have heard that some places are offering $500 per month salaries and people are taking them. So that can't be good.

 

[Gabriel]

Gabo; disculpame no sabia que habia sido tu cumple.

Espero que la hayas pasado muy bien y te deseo todo lo mejor!

Jajaj no te preocupes fabi, estaba jodiendo. Gracias.

 

[Dragon]

Jajaj no te preocupes fabi, estaba jodiendo. Gracias.

Como la pasaste? Cuentame q hiciste?

 

[Gabriel]

Ayer nada , tenia que trabajar hoy, pero me disloque el hombro jugando futbol y me dieron 2 dias de incapacidad jajajaj, asi que ya no tengo que trabajar mañana tampoco, celebro mañana o pasado.

Tu que mas?