No snake debt here. I pay cash. I love sellers who offer layaway plans.
My husband and I learned our lesson with credit cards. We went crazy for our wedding and honeymoon, and had almost seventy thousand in credit card debt at the end of 2007 on top of a mortgage. It's disgusting when someone who pulls in six figures has trouble paying their bills, by their own fault. We cinched in the belt, and hooked up with a good debt-repayment program. We no longer use cards, but have one for emergencies, along with a chunk of cash stashed in savings. Now we're five thousand away from being completely debt free (will be gone by July), our credit score is back up in the 800's, and we're never going into that kind of debt again.
Life is good.
Reply With Quote