The Whining and Bitching Thread
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zabu of nΩd
Free Insultation
- Feb 9, 2007
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Mort Divine
Shrine Maiden of the In-Crowd
No you don't. Credit card debt has fucking made these last 2 years annoying as fuck for me financially.
Everyone tells me that, but I stil want one. Even if you are responsible with it, it can make you miserable? I know I would use it wisely, but I can't get one. I don't have a bank acoount or any type of income, but when I do, I am considering on applying.
Mort Divine
Shrine Maiden of the In-Crowd
I thought I'd use it wisely but ended up not >_>;;
Just get a bank account with a debit card.
Just get a bank account with a debit card.
So, it has that affect? You think you have the power to use it wisely, but you end up blowing it up? There is a good chance that would happen to me. A debit card seems more safer, I guess. I know nothing about banks or anything. I had a job (not anymore), but I never started a bank acount. I would cash my checks at this one place. My mom told me that is where I screwed up and should of made a bank account. I wasn't even thinking.
Eligos
Problem Yet to be Solved
Krow
Garbage Connoisseur
Getting a bank account and a debit card is a good idea. You can cash checks without having to pay a fee... I understand how much a 3 dollar fee sucks when your check is under 200 bucks, buy stuff online, save any extra money you come across...
And, it wont let you spend money you dont have (to some degree anyway)
And, it wont let you spend money you dont have (to some degree anyway)
zabu of nΩd
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Goddammit Mort, just because you personally have no restraint with money does not mean credit cards are evil or that no one should have one.
It can become pretty important to have a good credit history later on in life when you need to take out loans or get a good financing deal on a house/car, and credit cards are pretty much the main way to build credit. I'm not sure the major credit agencies even measure people who don't have one.
If you actually find it difficult to not blow your money on stupid shit, then maybe a credit card is not for you. It's certainly something everyone should consider though.
Well, I have the power to save money. I am quite good at it actually. I rarely blow my money on nonsense. I just thought having a credit card would be easier. Although I don't even have a history of credit or anything so it really doesn't apply to me at the moment, but when I reach that point where I do, I was really considering on getting one. I just don't know if it would change anything. Like, give me the ultimate power (in my own little world) and just go crazy with it. I know of family and friends to just literally blow their credit up. Like, they rely on their credit cards. But, I think I'd be very responsible with one. I will never know until I actually have one though. A debit card sounds good too though.
I overdrew my account once...basically, I bought some stuff online with my checking account, and transferred a bunch of money from my checking account to my savings account (I have direct deposit, the money goes into my checking account) a few days later. I didn't realize there were still charges pending...$60 bucks down the fucking drain.
This.
zabu of nΩd
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Debit cards can be dangerous too, even if not as much as credit cards. If you ever forget what your balance is, or if you make a deposit and then start using your card again before the bank processes your deposit, you can easily rack up hundreds of dollars in overdraft fees before even realising it. I've made those blunders in the past.
With credit cards, basically the rule is: don't charge something to it if you aren't absolutely sure you'll be able to pay it off. The vast majority of your purchases should be paid off before you get your bill so you don't end up paying interest on them.
I never knew that about a debit card. I think that happened to my bestfriend. She has a debit card and she uses it to buy things, but one day she called me, telling how she was in the whole like $135.00 to her bank and her parents had to pay it off because she didn't have the money.
I have no clue about a credit card. Me and my mom had this discussion and she always talks about interest and all that. I never got it. But, I know with a credit card not to make a purchase if you cannot pay it off.
But, I guess both can easily put you in the whole with money. So, being careful with both is a good idea. I might just get both. But first, I have to get a job. Oh, yes, a job.
Chanakya
Orphaned Brother
I'd go with the debit card as well, though the hidden charges can be a bitch. If an ATM is close by, I'd still go with just withdrawing necessary amounts of money. Maybe I think this way only because I don't really have much money with me 
The Ozzman
Melted by feels
I like both. I'd like to have both, but I cannot even really go any further with this unless I have a job. But, knowing the differences between them is great. I want to be ready when I get all this going. I don't want to end up in debt and go crazy.
Einherjar86
Active Member
Credit cards are great. I do most of my record shopping online, so I kind of need one. Other than that, all I ever really use it for is gas and grocery shopping.
Dak
mentat
Car payments build your credit much faster than credit cards. The only benefit to your credit score that credit cards add (besides a credit history), is if you have them and don't use them. Your available-to-total credit ratio is a part of your credit score.
You do get a credit score with bank loans, regardless of whether or not you have a credit card. What does not affect your credit is cell phones, unless you have some sort of collections issue.
You do get a credit score with bank loans, regardless of whether or not you have a credit card. What does not affect your credit is cell phones, unless you have some sort of collections issue.
The Ozzman
Melted by feels
