Live Within Your Means

It is great to live for today, as long as you plan for tomorrow.  Just because you have a credit card, does that mean that you should buy everything that you desire.  Don’t get yourself behind the eight ball, try to spend less than or at least equal to the amount of money you bring in each month.  The average credit card debt per U.S. household was $8,500 in Oct. 2019, adding up to a total of $1.088 trillion in credit card debt divided among the 128 million U.S. households.

Written for Linda G. Hill’s One-Liner Wednesday.

10 thoughts on “Live Within Your Means

      1. I know, I’ve been close to bankruptcy twice and swore never again. Our proud boast is we don’t owe a penny to a soul, or intend to. We haven’t used the credit card in almost a year, and even then, it was paid off more or less immediately.

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  1. I have two credit cards that I do not use. If I don’t have the money in my account, I don’t spend it.
    Having said that….many people use credit cards because, despite being the “wealthiest, greatest country in the world”, Americans are uninsured/under-insured, have piss-poor paying jobs and get taken advantage of by BIG pharma, BIG business, and the federal government – so people use their credit cards to pay for food, bills, medications, kids school supplies, clothes, etc. etc. It’s not just people over-spending.

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  2. I pay off my entire credit card balance at the end of each billing cycle so that I don’t incur those outrageous finance charges. And it also forces me to ensure that I don’t spend more than I can afford to pay off each month.

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  3. Yep we were in debt for a while…finally got out of it and never had a credit card again. Many times people go out and get another one…we have done good so far.

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