Cable Forum - View Single Post

**Maggy** · 13-03-2004, 00:17

The real answer is to refuse to have a CC and to SAVE up for what you want.It seems like everyone thinks they MUST have a CC.Why? Surely the only credit one needs is the mortgage that you have on your home.Why go looking for any other credit?

We also seem to have forgotten how to save money for a rainy day.Mind the interest rates don't exactly inspire one to save but we should all make the attempt to save some money as and when we can.That way hopefully we can pay out for the unfortunate situation of a blown up boiler.

I also have some very important questions that I ask myself before I buy any item that isn't food.I ask myself do I need this item?Why do I need it? Can I wait until another time to buy it?
Quite often I can talk myself out of spending money on an item I don't really need or waiting until another time if I do.
I'm pleased to say that I owe money to no one least of all the greasy,groping loan companies and CC companies who are the very worst at leading folk onwards down the slippery slope by increasing credit limits without discussion,hiding behind complicated interest rates by using unclear,complicated jargon to confuse the unwary.

Sorry for the rant.

Incog.

13-03-2004, 00:17	#10
Maggy The Invisible Woman Cable Forum Mod Join Date: Jun 2003 Location: between Portsmouth and Southampton. Age: 74 Services: VM XL TV,50 MB VM BB,VM landline, Tivo Posts: 40,379	Re: Credit Mad Britain The real answer is to refuse to have a CC and to SAVE up for what you want.It seems like everyone thinks they MUST have a CC.Why? Surely the only credit one needs is the mortgage that you have on your home.Why go looking for any other credit? We also seem to have forgotten how to save money for a rainy day.Mind the interest rates don't exactly inspire one to save but we should all make the attempt to save some money as and when we can.That way hopefully we can pay out for the unfortunate situation of a blown up boiler. I also have some very important questions that I ask myself before I buy any item that isn't food.I ask myself do I need this item?Why do I need it? Can I wait until another time to buy it? Quite often I can talk myself out of spending money on an item I don't really need or waiting until another time if I do. I'm pleased to say that I owe money to no one least of all the greasy,groping loan companies and CC companies who are the very worst at leading folk onwards down the slippery slope by increasing credit limits without discussion,hiding behind complicated interest rates by using unclear,complicated jargon to confuse the unwary. Sorry for the rant. Incog. __________________ Hell is empty and all the devils are here. Shakespeare..