Reply
Regular Contributor
dobirdsmommy
Posts: 229
Registered: ‎02-29-2012
0

Re: Need Christmas Credit Card


nicholasc77 wrote:

i never try to game the system i work for the nys banking i own a check cashing business i know how it works like i said before it was either pay the cards or live on the street and the 2005 bk was all business no personal 


frugalQ wrote:
OP,

I hope I don't offend, but it seems like you are trying to live the same lifestyle that got you into trouble TWICE.....and that makes absolutely no sense.

It seems as if BK is a means to an end.....finance a extravagant lifestyle that you know you can't afford and use bankruptcy as a means to get out of paying for said lifestyle.

At some point you have to learn to live within your means. If that means driving a Honda instead of a Beamer, then do it. If you have employees, you may come out better having a pot luck luncheon where everyone pull names to exchange gifts. Maybe you need to host a simple family/friend get together instead of giving gifts.

You clearly need to get your priorities in order. Either stop trying to keep up with the Jones or quit gaming the system.

 


But you claimed you paid most of last years gifts in 2011 with your business credit... old habits die hard. While your first bankruptcy might have been business. I am sure you charged personal as you did last year.

 

I left a company I worked for in 2010 after I was with them for 7 years.. He would claim he had no money to pay me yet his daughters wedding, dinner every night, personal clothes, mortgage and everything was paid by the business..  You have to keep the two separate for your own sound mind and tax purposes.

2011 starting score 383 pull for Santander, EX 639, EQ 669, TU 651 (lending club pull)
Wallet:ME: 750 Cap One, 5k Quicksilver/rewards, 750 Capital one, Gamestop CC 1150, 2370 FH,! nissan funded lease BYE BYE SANTANDER, Chase Auto Loan 12/16k, VS 1150, BH 1020, Express 1000, Avenue 750, JCrew 800, HSN 1070, Torrid 950,Roamans 800, Jessica London 940, kings direct 800, Buckle 800, OSP 1050, WW 1050, Solutions 800, Blair 750.. baddies: 2 FP CO 08,
DH: 750 Cap One 750 Cap One 750 capital one fh 2000, AU - VS, BH, HSN, QS 5k
Valued Contributor
navigatethis12
Posts: 1,954
Registered: ‎01-24-2012
0

Re: Need Christmas Credit Card


nicholasc77 wrote:

this is not a joke this is my life yes i my wife and i spent about 50k on gifts that excluded a car down payment, louis vuttion handbag, rolex , chanel sunglasses 

i have a big family how dare you think my life is a joke



Name dropping certainly will not get you anywhere. A big family does not mean 50000 in gifts. Seriously though, do you not see anything wrong here? If your income was only around 500 thousand, why would you spend more than 10% of it on gifts. That is part of the problem, and doing it again this year would just cause more problems. I really do not see how you can possibly think that it is a good idea to get another card to use to buy gifts.

 

Valued Member
nicholasc77
Posts: 115
Registered: ‎04-30-2012
0

Re: Need Christmas Credit Card

I have charged both personal and business credit for the holidays


dobirdsmommy wrote:

nicholasc77 wrote:

i never try to game the system i work for the nys banking i own a check cashing business i know how it works like i said before it was either pay the cards or live on the street and the 2005 bk was all business no personal 


frugalQ wrote:
OP,

I hope I don't offend, but it seems like you are trying to live the same lifestyle that got you into trouble TWICE.....and that makes absolutely no sense.

It seems as if BK is a means to an end.....finance a extravagant lifestyle that you know you can't afford and use bankruptcy as a means to get out of paying for said lifestyle.

At some point you have to learn to live within your means. If that means driving a Honda instead of a Beamer, then do it. If you have employees, you may come out better having a pot luck luncheon where everyone pull names to exchange gifts. Maybe you need to host a simple family/friend get together instead of giving gifts.

You clearly need to get your priorities in order. Either stop trying to keep up with the Jones or quit gaming the system.

 


But you claimed you paid most of last years gifts in 2011 with your business credit... old habits die hard. While your first bankruptcy might have been business. I am sure you charged personal as you did last year.

 

I left a company I worked for in 2010 after I was with them for 7 years.. He would claim he had no money to pay me yet his daughters wedding, dinner every night, personal clothes, mortgage and everything was paid by the business..  You have to keep the two separate for your own sound mind and tax purposes.


 

Established Contributor
frugalQ
Posts: 502
Registered: ‎03-23-2012
0

Re: Need Christmas Credit Card

Ok, you said that you had to choose between house/food or paying debt. You made the right choice.

Now, you are trying to get more debt to by iPads, etc. This is where you make a choice that will NOT put you into a position to have to choose whether or not to feed your family.
Capital One QuickSilver 4.5K - AmEx Green NPSL - Amex Hilton HHonors Surpass 7K - Amex BCP 16K - Chase Freedom 3K - Discover IT 7.5K - LOC 2.5K
Valued Member
nicholasc77
Posts: 115
Registered: ‎04-30-2012
0

Re: Need Christmas Credit Card

Well thank you for al l your help and I thought I mad ethe right decision


frugalQ wrote:
Ok, you said that you had to choose between house/food or paying debt. You made the right choice.

Now, you are trying to get more debt to by iPads, etc. This is where you make a choice that will NOT put you into a position to have to choose whether or not to feed your family.

 

Established Contributor
gettnthere
Posts: 912
Registered: ‎06-14-2012
0

Re: Need Christmas Credit Card


navigatethis12 wrote:

nicholasc77 wrote:

this is not a joke this is my life yes i my wife and i spent about 50k on gifts that excluded a car down payment, louis vuttion handbag, rolex , chanel sunglasses 

i have a big family how dare you think my life is a joke



Name dropping certainly will not get you anywhere. A big family does not mean 50000 in gifts. Seriously though, do you not see anything wrong here? If your income was only around 500 thousand, why would you spend more than 10% of it on gifts. That is part of the problem, and doing it again this year would just cause more problems. I really do not see how you can possibly think that it is a good idea to get another card to use to buy gifts.

 


OP, just b/c you have a big family DOES not mean you have to go around buying them Louis vuttion, rolexs and Chanel. that is RIDICULOUS and you need to understand that. it is INSANE to spend 10% of you income on these gifts esp when your knee deep in debt. dropping names like that is NOT gonna get you any kind of respect on these forums. it makes you sound like you DO NOT understand what living within your means actually means. you need a serious scale back. i dont care if you make 100k, 500k or 2million a year, you just filed BK for OVER 4 MILLION DOLLARS! do you not grasp the concept of that? it is very serious, but apparently you are so wrapped up in keeping up with the jones's that you dont care how much debt you incurr. you last concern right now should be obtaining new credit. and until you grasp the the gravity of your decsions, your gonna end up right back where you are now. thats the last thing i have to say about this ridiculous situation that you dont seem to fully grasp the magnitude of.



Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 :smileywink:
Valued Member
nicholasc77
Posts: 115
Registered: ‎04-30-2012
0

Re: Need Christmas Credit Card

I'amstraying trying to rebuild I understand how big bk is and I had to file or Iwould have lost my hous


gettnthere wrote:

navigatethis12 wrote:

nicholasc77 wrote:

this is not a joke this is my life yes i my wife and i spent about 50k on gifts that excluded a car down payment, louis vuttion handbag, rolex , chanel sunglasses 

i have a big family how dare you think my life is a joke



Name dropping certainly will not get you anywhere. A big family does not mean 50000 in gifts. Seriously though, do you not see anything wrong here? If your income was only around 500 thousand, why would you spend more than 10% of it on gifts. That is part of the problem, and doing it again this year would just cause more problems. I really do not see how you can possibly think that it is a good idea to get another card to use to buy gifts.

 


OP, just b/c you have a big family DOES not mean you have to go around buying them Louis vuttion, rolexs and Chanel. that is RIDICULOUS and you need to understand that. it is INSANE to spend 10% of you income on these gifts esp when your knee deep in debt. dropping names like that is NOT gonna get you any kind of respect on these forums. it makes you sound like you DO NOT understand what living within your means actually means. you need a serious scale back. i dont care if you make 100k, 500k or 2million a year, you just filed BK for OVER 4 MILLION DOLLARS! do you not grasp the concept of that? it is very serious, but apparently you are so wrapped up in keeping up with the jones's that you dont care how much debt you incurr. you last concern right now should be obtaining new credit. and until you grasp the the gravity of your decsions, your gonna end up right back where you are now. thats the last thing i have to say about this ridiculous situation that you dont seem to fully grasp the magnitude of.


 

Established Contributor
frugalQ
Posts: 502
Registered: ‎03-23-2012
0

Re: Need Christmas Credit Card

I'm not trying to offend, I'm really not. I'm just trying to point out that it's this type of thinking that got you into this position 2x before. Hopefully, you will make decisions that will help put you in a stronger financial position long term.
Capital One QuickSilver 4.5K - AmEx Green NPSL - Amex Hilton HHonors Surpass 7K - Amex BCP 16K - Chase Freedom 3K - Discover IT 7.5K - LOC 2.5K
Contributor
ah12345
Posts: 88
Registered: ‎06-13-2007
0

Re: Need Christmas Credit Card

Sorry to say but getting into more debt is not your solution to fixing your credit. Times are tough and we just have to live within our means. We all have things we would like to get our kids but you rather have a roof under your head or not have one at all your choice.


Starting Score: 607 (5-3-12) EQ FICO
Current Score:671 EQ FICO (12-15-13);669 TU FICO (12-5-13); 699 (12-2-13) WALMART FICO; 695 EXP FICO (6-24-13)
Goal Score: 700+ Across The Board


Senior Contributor
jsucool76
Posts: 3,741
Registered: ‎12-11-2011
0

Re: Need Christmas Credit Card


gettnthere wrote:

navigatethis12 wrote:

nicholasc77 wrote:

this is not a joke this is my life yes i my wife and i spent about 50k on gifts that excluded a car down payment, louis vuttion handbag, rolex , chanel sunglasses 

i have a big family how dare you think my life is a joke



Name dropping certainly will not get you anywhere. A big family does not mean 50000 in gifts. Seriously though, do you not see anything wrong here? If your income was only around 500 thousand, why would you spend more than 10% of it on gifts. That is part of the problem, and doing it again this year would just cause more problems. I really do not see how you can possibly think that it is a good idea to get another card to use to buy gifts.

 


OP, just b/c you have a big family DOES not mean you have to go around buying them Louis vuttion, rolexs and Chanel. that is RIDICULOUS and you need to understand that. it is INSANE to spend 10% of you income on these gifts esp when your knee deep in debt. dropping names like that is NOT gonna get you any kind of respect on these forums. it makes you sound like you DO NOT understand what living within your means actually means. you need a serious scale back. i dont care if you make 100k, 500k or 2million a year, you just filed BK for OVER 4 MILLION DOLLARS! do you not grasp the concept of that? it is very serious, but apparently you are so wrapped up in keeping up with the jones's that you dont care how much debt you incurr. you last concern right now should be obtaining new credit. and until you grasp the the gravity of your decsions, your gonna end up right back where you are now. thats the last thing i have to say about this ridiculous situation that you dont seem to fully grasp the magnitude of.


 

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