Post # 31
I’m proud to say that we pay ours off every month. We had around $4k that just kept on staying that way until we made a huge effort to get that paid off. I felt th weight lifted off my shoulders. It’s completely paid off now though.
Post # 32
No credit card debt but my student loans are a bitch!
Post # 33
Don’t beat yourself up. The important thing is that you learned your lesson and know how to proceed. Purchases add up so quick! There are many times when I’m shocked at the transaction total considering how little I have in the bags lol. So, I know it’s easy to run things up. I’m so thankful that I was able to pay my CC debt off. The monthly interest that I allowed to accrue was ridiculous, so I understand.
Post # 34
I also feel really guilty when I see these! I’m currently carrying a balance of $4,200 on my CC. I recently moved back home after travelling overseas for 2 years, and ended up having a lot of out of pocket medical expenses while trying to save/pay for our wedding coming up in September. I know guilt won’t solve my problem though, so I’m making it my priority to pay it off within a year of the wedding!
Post # 35
that’s a great attitude to have! I need to set a goal and make a plan, too. 🙂
Post # 36
OH yeah, definitely learned my lesson! I love paying them each month, as crazy is that is. LOL my credit score comes on one of the bills, i stalk it every month to watch it go up! Thankfully I have caught my mistakes now, by the time I retire, I’ll be sitting pretty!
Post # 37
You are lucky. My parents didn’t teach me financial responsibility at all. I was just told to always save, my mom’s a huge saver and very responsible with credit. I know her score is over 800. But growing up, I would go with my mom shopping constantly and we’d have clothes and shoes in practically all the closets and my dad only had one of the hall closets and the smallest guest room closet lol! I had a monthly allowance in college and when I ran through it before the month was over (which was often), I would get a lecture, but then more money would be put in my account the same or the next day, depending on what time I called. My car was even towed once and I had to call home for my parents to wire me the money so I could get my car back lol. I was a pretty sad case. I still like to shop (thanks mom), but I now understand that money just doesn’t appear in my account whenever I run out. I have to budget. I wish my parents would have talked to me more about credit cards. I just knew that my dad didn’t use them, and my mom did but only when there was a perk like an extra percentage off at Macy’s if you used your credit card.
Post # 38
I’ve got a credit card that gives me a good return on airline miles, so I put EVERYTHING on my credit card and pay it off twice a week.
Post # 39
We leave a 2500 balance on our credit card with a 40k limit at all times. We put literally everything on that card and our credit scores have gone up since we stopped paying it off completely every month. We have other cards that we don’t use often but we keep around $100 on each of them to just keep them from closing.
Post # 40
The past two years I have been carrying a balance with on a 0% APR card. I’ve been hacking away at that every month to bring it down.
I have two other cards I use consistently and usually pay the balances off every month. I say usually because I had to buy a new car and pay for an expensive home repair last month and it will take another 2 months to get those charges paid off.
Fiance has about 6k in CC debt that he is working on paying off before the wedding but realistically I doubt it will be fully paid off by then.
It’s frustrating and I can’t sleep sometimes worrying about it but it is what it is. I’m doing all I can to be in the best possible financial position but it doesn’t always happen overnight.
Post # 41
Same as PPs — I use my credit cards for everything humanly possible, but always pay the bill within the cycle (I’m actually kinda OCD with it and end up logging in every couple days to check it and if I see a balance, I make a payment even though I don’t really NEED to).
I’ve gotten so much cash back and Amex has various offers you can add to your card that have saved me tons.
Post # 42
None. We use our ccs for everything and pay it off when the bills come. It’s all just in auto pay too so it’s never late and I don’t have to ever worry about it.
Post # 43
Lol, I do the same! I usually end up paying it off like once a week. I got sucked into the trickery of credit cards during ages 18-20 and then didn’t have one for over 10 years. I recently got one that gets used for gas, groceries, etc just to get rewards and I was given a very high limit but after my previous experiences the temptation to just spend and spend is totally gone.
Post # 44
- Wedding: April 2016 - Country Club
credit cards will help your credit score! Even if you pay them off every month or don’t spend a lot. Just something to think about!
Post # 45
0 credit card debt. I put everything on my cc and pay it off every month when the cycle closes. We have a cash back card and auto redeem everything into our son’s savings account.