Comments on: Thank God for Credit Cards!

By: Watch My Money Maker » Blog Archive » A Look at Personal Finance Within the Body of Christ

Mon, 05 May 2008 01:51:34 +0000

[...] case in point was recently on Gather Little By Little when the pastor’s wife verbalized something that was odd: Thank God fo…. That is putting a reliance on the wrong things for sure. Hopefully this post will outline some of [...]

By: Skilling Banco: Privatekonomi enligt Gud

Skilling Banco: Privatekonomi enligt Gud — Tue, 11 Mar 2008 20:05:51 +0000

[...] hittade en artikel på bloggen Gather Little by Little om vad Bibeln säger om kreditkort. Jag har tidigare hört Dave Ramsey citera Bibeln om ekonomi, och jag tycker att det är [...]

By: Your page is now on StumbleUpon!

Your page is now on StumbleUpon! — Mon, 18 Feb 2008 05:59:05 +0000

[...] Your page is on StumbleUpon [...]

By: Brenda

Brenda — Wed, 19 Dec 2007 15:45:24 +0000

Like any other product, credit cards can be a useful tool or they can be abused. When I got my first credit card in my 20’s, I made the decision to learn control by subtracting every item charged from my checkbook, right at the time of purchase (confused more than one store clerk seeing me pull out my checkbook register after I gave them my credit card!!)

Using this method, when the credit card bill arrived, I knew I had the money to pay the bill in full, since each item charged was already subtracted from my check book balance.

Now, 30 years later, I don’t do the actual write-it-in-the-check-register routine, because the end result is the same. Every credit card bill is paid IN FULL every month every time.

Utilizing credit cards this way has the credit card companies SERVING ME!! I am using THEIR money, for FREE, for an entire month. And getting cash back to boot. Meanwhile MY money earns interest for a month.

The point being that credit cards in and of themselves are not bad (or good). What is bad or good is how a person views and uses them. Are they a financial tool to utilize? Or are they a method to spend more than you earn and get things you otherwise could not afford?

By: Me vs. Debt

Me vs. Debt — Mon, 17 Dec 2007 02:15:32 +0000

118th Carnival of Debt Reduction – Winter Solstice Edition…

Welcome to the 118th Carnival of Debt Reduction – Winter Solstice Edition. This week in Earth’s orbit, our hemisphere is the tilted away from the sun – minimizing our precious daylight hours. Since ……

By: Going to The Hospital on Sunday | Personal Finance Blog by Money Ning

Going to The Hospital on Sunday | Personal Finance Blog by Money Ning — Sun, 16 Dec 2007 16:30:57 +0000

[...] Little by Little has an article that is titled Thank God For Credit Cards. You just have to go check it [...]

By: glblguy

glblguy — Sat, 15 Dec 2007 23:01:09 +0000

Thank you Bev.

By: Bev

Bev — Sat, 15 Dec 2007 22:08:12 +0000

This was a great post!

By: glblguy

glblguy — Fri, 14 Dec 2007 17:00:24 +0000

Hi Skellie! Funny timing is right! My wife and I have received more credit card offers in the past 2 months that all year combined. It’s crazy the number of trees they kill. I agree as well, they due prey on people…prey…good word choice. I have no desire either and get a great deal of pleasure shredding those card offers. I even let my kids do it so they can learn about it. I was crippled, but slowly getting better. It’s a long road that just isn’t worth it. Thanks for dropping by!

By: Skellie

Skellie — Fri, 14 Dec 2007 10:27:45 +0000

We got a letter from our bank yesterday that basically said “You qualify for a 5,000 credit card. Just sign here and send it back and we’ll send one out to you.” Funny timing, eh. They really prey on people when they’re vulnerable — particularly because they know most parents never feel as if they can give their kids enough at Christmas.

While I’m confident I could keep a credit card under control, I have no desire for one. A good friend of mine has maxed out two credit cards and is crippled by debt. No thank you.