@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:I can't say that I PIF every month. But I have set a goal to not pay a dime of interest nor pay any overdraft, late fees for 2012. I can say this because I honestly don't have much in available CL. I AM currently carrying a balance on a 0% BT. Everything else goes on a charge except for gas on my revolver. 2 years ago DW and I spent 3K in overdraft fees and countless more in Late payments and CC interest (very very dark time). I haven't paid interest in 8 months and I do not want to go back!
WowI don't think I've spent even 10% of that in fees and interest in my whole life. Glad you're better off now, overdraft fees and late payments are really the worst, since you're just wasting money for absolutely no reason. And that generally only digs people deeper into a hole.
I kid you not... it got to the point that DW and I would go to the gas station together and get as much gas that we could on 1 swipe to try to reduce the amount of overdraft fees.
+1
totally agree.
I PIF every month. I use my Amex BCP essentially as a debit card. If I can't afford it I don't buy it. It's pretty simple. That's just regular monthly expindentures.
If I plan to make a large purchase I do so with financing offers (I use Amazon's 0% offers quite frequently) so I don't pay interest.
Of course life happens and large charges come up that you/I can't pay off in a month and you have to float it. There's no shame in that.
