Originally posted by: shadow
MESSAGE TO EVERYONE ABOUT CREDIT CARDS
It is bad to max them out, as a rule of thum NEVER use more than half of your available balance on a credit card.
Maxing a credit card out DOES show up on your Credit Report!!
be wary
Originally posted by: aRCeNiTe
Originally posted by: shadow
MESSAGE TO EVERYONE ABOUT CREDIT CARDS
It is bad to max them out, as a rule of thum NEVER use more than half of your available balance on a credit card.
Maxing a credit card out DOES show up on your Credit Report!!
be wary
What if you have a 150$ limit?
Bill
Originally posted by: Krassus
Stupid stupid stupid! You need to learn how to control your emotions and do it before your weakness rubs off on your kids. If you want to live above your means, you need to INCREASE YOUR MEANS, not get in debt. And since your idea of increasing your means probably includes the word 'raise,' you need to start studying. Not to get a raise, but to become financially literate, because right now, you've got the financial literacy of a 4-year-old. Use this advice visely and you may yet acquire the means to live large like you want to. Ignore it and you'll be broke and miserable until your dying day.
<a class=ftalternatingbarlinklarge href="http://www.amazon.com/exec/obidos/tg/detail/-/0446677450/qid=1070682372//ref=sr_8_xs_ap_i0_xgl14/002-4709715-6736850?v=glance&s=books&n=507846" target=blank>IT STARTS HERE</A>
I briefly checked out the link and I'd be inclined to agree. Sounds just like what the average person needs, since it's not just fritzo but almost all adults who have poor financial literacy, as Krassus put it.Originally posted by: alocurto
Originally posted by: Krassus
Stupid stupid stupid! You need to learn how to control your emotions and do it before your weakness rubs off on your kids. If you want to live above your means, you need to INCREASE YOUR MEANS, not get in debt. And since your idea of increasing your means probably includes the word 'raise,' you need to start studying. Not to get a raise, but to become financially literate, because right now, you've got the financial literacy of a 4-year-old. Use this advice visely and you may yet acquire the means to live large like you want to. Ignore it and you'll be broke and miserable until your dying day.
<a class=ftalternatingbarlinklarge href="http://www.amazon.com/exec/obidos/tg/detail/-/0446677450/qid=1070682372//ref=sr_8_xs_ap_i0_xgl14/002-4709715-6736850?v=glance&s=books&n=507846" target=blank>IT STARTS HERE</A>
That is a good book.
I would divorce somebody if they were constantly leeching on the future of the family. A poor approach to money is devestating on the future of the household and the kids. If the offender in question has been given every opportunity to repair their ways and they continue to abuse their finances I think it's perfectly reasonable to divorce over it, because it's very detrimental over years and years.I can't believe your wife would break-up the family over a few g's.
Originally posted by: Ameesh
Originally posted by: Fritzo
I've had a 7000-13000 balance for a couple of years now. I make $35000/yr, but she makes about $50000. Man, what a screwup
DONG!
Originally posted by: Fritzo
Alright, got an update:
I spent the night at my parent's house and called her about 4:00 the next day. Fortunately she went to church that day and the sermon was about forgiveness (yay Catholicism!!!). This made her think about things and she decided to help me out rather than shut me out. I presented my plan and gave my deepest promise I would never do anything like this again. I also told her I would be presenting bank statements to show how my money is being spent. She also saw the problem with me having no disposable income and will be direct depositing cash to suppliment our bill money, and when I get this paid off, it will be extra cash that I can spend/save/whatever. We also addressed her attitude towards me and how it made me feel about her. We've never been super religious (we go to church every week and my daughter goes to a Catholic school, but that's about it), but in this case, the church helped save our marraige. Who woulda thunk it?
We're all good now. Went out and bought a Christmas tree and decorated it with the kids last night. *whew* All I can say is, PLEASE do not hide anything from your spouse. A small argument hidden from her/him can turn into grounds for divorce later!
Man, that's awesome Glad things are looking up for you. Don't screw it up with the cash again. Show her what you're spending, like you've planned to do Remember - no arguments in front of the kids, or with the doors closed (sound carries)! Hope you guys work it outOriginally posted by: Fritzo
Alright, got an update:
I spent the night at my parent's house and called her about 4:00 the next day. Fortunately she went to church that day and the sermon was about forgiveness (yay Catholicism!!!). This made her think about things and she decided to help me out rather than shut me out. I presented my plan and gave my deepest promise I would never do anything like this again. I also told her I would be presenting bank statements to show how my money is being spent. She also saw the problem with me having no disposable income and will be direct depositing cash to suppliment our bill money, and when I get this paid off, it will be extra cash that I can spend/save/whatever. We also addressed her attitude towards me and how it made me feel about her. We've never been super religious (we go to church every week and my daughter goes to a Catholic school, but that's about it), but in this case, the church helped save our marraige. Who woulda thunk it?
We're all good now. Went out and bought a Christmas tree and decorated it with the kids last night. *whew* All I can say is, PLEASE do not hide anything from your spouse. A small argument hidden from her/him can turn into grounds for divorce later!
Originally posted by: luvly
"What was the dead giveaway? When he said she was a cop?"
No, Sluggo. The three lists he gave was the giveaway!
[DaviDavinci:] "I sincerely feel sorry for the man that marries you and has kids with u."
I equally feel sorry for any woman that would marry you. You need that kind of woman who can take control; else, she would be a "vicitim".
My personal life is none of your biz! For all you know, maybe I plan on getting a sperm donor. Ever thought of that? Maybe you, as a boy, aren't as important in the picture as you imagined.
[Gobadgrs:] "At what point is he playing the victim? He said it was all his fault and that hes bad with money. Hes putting up items for sale on Ebay to try and rectify the problem.... Is it because hes a guy? Also nice to know that you'll drop any potential partner that you have at the first sign of trouble...."
No, he hasn't explicitly played the victim. However, he's done so implicitly. He has sympathisers already faulting his wife and ignoring his irresponsible behaviour. Basically, I was referring to him accepting, as an option, the "you're a victim" doctrine that's starting to surface.
No, I didn't say I would drop a potential partner at the first sign of trouble, not even implicitly. I simply said that this kind of behaviour would be one to warrant a dismissal. Some behaviours, I think, are totally unacceptable. I think this is one of them, since it's no longer about an individual's liberty. At this point, he's harming members of his family by acting irresponsible in this manner. His behaviour could lead to bankruptcy and more. Besides, this kind of behaviour was likely there before he met the lady, even if it wasn't as pronounced as now. In my view, it's clean up now or never. If he isn't shown the door, he won't see a reason to change.
Originally posted by: fuzzy bee
Originally posted by: luvly
Flxnimprtmscl or whatever your name is, you shall be ignored 'cuz silence has always been the best answer to people like you. Begin feeling it. . . .
If you have to tell somebody you're ignoring them, you aren't really ignoring them.
Originally posted by: MillionaireNextDoor
Originally posted by: aRCeNiTe
Originally posted by: shadow
MESSAGE TO EVERYONE ABOUT CREDIT CARDS
It is bad to max them out, as a rule of thum NEVER use more than half of your available balance on a credit card.
Maxing a credit card out DOES show up on your Credit Report!!
be wary
What if you have a 150$ limit?
Bill
wt..
What cc do u have? did u have to pay for it?
your wife threatens divorce and when a resolution seems apparent you are already talking about spending money?... tsk tskOriginally posted by: Fritzo
Alright, got an update:
I spent the night at my parent's house and called her about 4:00 the next day. Fortunately she went to church that day and the sermon was about forgiveness (yay Catholicism!!!). This made her think about things and she decided to help me out rather than shut me out. I presented my plan and gave my deepest promise I would never do anything like this again. I also told her I would be presenting bank statements to show how my money is being spent. She also saw the problem with me having no disposable income and will be direct depositing cash to suppliment our bill money, and when I get this paid off, it will be extra cash that I can spend/save/whatever. We also addressed her attitude towards me and how it made me feel about her. We've never been super religious (we go to church every week and my daughter goes to a Catholic school, but that's about it), but in this case, the church helped save our marraige. Who woulda thunk it?
We're all good now. Went out and bought a Christmas tree and decorated it with the kids last night. *whew* All I can say is, PLEASE do not hide anything from your spouse. A small argument hidden from her/him can turn into grounds for divorce later!
Originally posted by: Hammer
i don't think you're out of the woods yet Fritzo...