Financial question

[TS87325IS]

thats true, credit cards are evil , hehe , for some people . I have been credit cardless for years now and there is a huge relife being debtfree .

[h0lmes]

Having a credit card is a hell of a lot smarter than carrying around a wad of cash in your wallet. As long as you are smart and pay your bill in full every month then having a credit card will actually be a benefit.

[TS87325IS]

thats what a debit card is for , hehe.

[h0lmes]

thats what a debit card is for , hehe.

Debit isn't much better than cash. Banks aren't responsible for fraudulant charges on debit cards, they are on credit cards. Also, you aren't going to build credit with a debit card. Credit cards are they way to go IMO.

[bolognablake]

Debit isn't much better than cash. Banks aren't responsible for fraudulant charges on debit cards, they are on credit cards. Also, you aren't going to build credit with a debit card. Credit cards are they way to go IMO.

Wrong.

VISA will cover any fraudulent charges made on my card.

I had no credit score. I have no credit cards, I've never taken out a loan for a car, and my mortgage was written at the current prime rate. Sure I don't have a PS3 or a big plasma, but I carry a $200K mortgage on $45k a year salary very comfortably even after tithing 10% and putting another 12% in my 401k. If I can't afford something without dipping into my emergency fund, then I don't buy it. I sucks sometimes, but I know it';; pay off later.

Like another poster said, make yourself a written budget, and stick to it. I know it sounds like common sense, but it will feel like you've gotten a %15 raise.