Tilted Forum Project Discussion Community  

Go Back   Tilted Forum Project Discussion Community > Chatter > General Discussion


 
 
LinkBack Thread Tools
Old 04-22-2003, 07:27 AM   #1 (permalink)
Junkie
 
Location: Pa, USA
When purchasing something, do you save up or put it on credit?

I find myself to be the kind of person that saves up until I can buy something "straight up," instead of opting to buy it over time (credit card, or store payments).

Granted, this is hard to do for more expensive things, but I am saving up for a car and I am going to wait longer and buy a used one (paid in full), as opposed to making payments for 3-5 years.

What do you find yourself doing? Saving up and buying all at once, or putting on credit or paying the store in timely payments?
Grondar is offline  
Old 04-22-2003, 07:37 AM   #2 (permalink)
Tilted
 
Location: Brandon, FL
I'm the same way, I save until I get all the money and then buy. There's nothing I hate worse than knowing that I owe people money.
X_cody_X is offline  
Old 04-22-2003, 07:40 AM   #3 (permalink)
Loser
 
Location: MI
it all depends how expensive something is. if i know i can make the money by the time the cc bill is due, then i charge it.
TaLoN is offline  
Old 04-22-2003, 07:45 AM   #4 (permalink)
Insane
 
Location: Plugged In
I make myself wait at least a week and decide if I really want it. Then, if I still want it, I'll go buy if I have the cash or wait till I have it saved up.
Boner is offline  
Old 04-22-2003, 08:02 AM   #5 (permalink)
Junkie
 
gov135's Avatar
 
Location: Midwest
Cash only. At some point, you pay more than the guy who paid cash if you used credit.

I think credit cards are beneficial to have for things like unforseen emergencies or that "perfect" gift for someone special. But no more use than three or four times a year.
gov135 is offline  
Old 04-22-2003, 08:07 AM   #6 (permalink)
Cracking the Whip
 
Lebell's Avatar
 
Location: Sexymama's arms...
I think everyone should note one important thing:

If you never use credit, you will never build it up, and you won't have it if you really NEED it.

My suggestion (which I follow better than I used to), is to have one or two cards and occasionally use them for small and big purchases (key word, occassionally) and then PAY THEM OFF IMMEDIATELY.

This way you will begin building a credit history of being a reliable person and when you WANT that CAR or HOUSE, you will be able to get a loan, and at the lowest interest rate available. (Higher risk individuals pay higher interest rates on loans.)
__________________
"Of all tyrannies, a tyranny exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." – C. S. Lewis

The ONLY sponsors we have are YOU!

Please Donate!
Lebell is offline  
Old 04-22-2003, 08:10 AM   #7 (permalink)
Crazy
 
mykockle's Avatar
 
Location: Denver CO
Cripes... you guys have too much patients...... I WANT EVERYTHING NOW hehehe....
mykockle is offline  
Old 04-22-2003, 08:11 AM   #8 (permalink)
Fear the bunny
 
Location: Hanging off the tip of the Right Wing
Save up! It's the only way to go. Not only do you not end up in debt, but you also respect it more once you finally have it. Plus you never know--it might be on sale or cheaper by the time you get it.
__________________
Activism is a way for useless people to feel important.
BoCo is offline  
Old 04-22-2003, 08:12 AM   #9 (permalink)
Junkie
 
Location: Solaris III
I save up for it, put it on credit, turn around a pay it off right away. Builds credit.
__________________
I believe in the inner beauty of a woman: When you’re in’er – beauty.
kreskin is offline  
Old 04-22-2003, 08:13 AM   #10 (permalink)
Darth Papa
 
ratbastid's Avatar
 
Location: Yonder
My wife and I have immaculate credit (enough so that the credit manager came and shook our hands when we bought our first car). We generally try not to spend on credit, but when it's unavoidable, we don't blanch at the idea.

If it's a frivolous purchase (and I <i>love</i> those), it better be cash, or be on the credit card only until the statement comes.
ratbastid is offline  
Old 04-22-2003, 08:14 AM   #11 (permalink)
Psycho
 
Location: lost
Right now I only use cash (I'm a 19 year old college freshman). I think having a credit card would be too dangerous for me. I recognize my spending habits. If I have money on me, and I'm in a store I like, like Eastern Mountain Sports or Best Buy, I will generally spend it. Because of this, I rarely carry more than $5 with me, and I only have an ATM card, not a debit card. If I had a credit card, I think I'd just be too tempted to buy things that I couldn't afford, then get into trouble when I couldn't pay off the bills.

Good point Lebell, I hadn't thought of that. I guess I'll just have to work on my self control first.
__________________
I'd rather be climbing...

I approach college much like a recovering alcoholic--one day at a time...



phoenix1002 is offline  
Old 04-22-2003, 08:35 AM   #12 (permalink)
Dopefish
 
wraithhibn's Avatar
 
Location: the 'Ville
Depends on what I'm buying, if its expensive I'll usually put it on credit cause I dont like to carry a lot of cash. Though I rarely buy something on credit if I dont have the cash in my bank account.
__________________
If you won't dress like the Victoria Secret girls, don't expect us to act like soap opera guys.
wraithhibn is offline  
Old 04-22-2003, 08:49 AM   #13 (permalink)
Addict
 
Location: Northeast Ohio
I do both. I use credit if I know I will pay it off when the bill comes. But if it something expensive, I have to know that I can pay for it if I charge it.
__________________
"Every tomorrow brings new opportunities, challenges we must address...A chance to affirm all our wishes and dreams, to seek beauty and true happiness."
sierra2774 is offline  
Old 04-22-2003, 09:27 AM   #14 (permalink)
Junkie
 
greytone's Avatar
 
I always use the credit card for extended warrenties and cashback bonuses. But I pay them off every month. I have done this since college. I did buy one car on credit because my old one was going to need major work and I could not see putting the money into it. I paid it off a year early and my next car was with cash.
__________________
I was there to see beautiful naked women. So was everybody else. It's a common failing.
Robert A Heinlein in "They Do It With Mirrors"
greytone is offline  
Old 04-22-2003, 09:36 AM   #15 (permalink)
Cruisin thru life
 
thadon's Avatar
 
Location: Alpharetta, GA
Considering my credit sucks thanks to the assistance of my ex-wife. I use cash b/c I do not have any credit cards. Now that the ex is gone I have been cleaning my credit up
thadon is offline  
Old 04-22-2003, 09:41 AM   #16 (permalink)
 
Sticky's Avatar
 
Put everything on credit, but only what you have in cash so that you can pay off the whole bill when you get your statement.

Aside from the benefits mentioned above about credit rating you can also expect to benefit in the following manner:
<ol>
<br>You earn reward miles or loyalty points on all purchases. Trust me it adds up.
<br>You get a record of all your purchases that you can match to your receipts. You can't match your receipts to a one line debit to your bank account.
<br>If you pay it of right away you are not charged any interest.
<br>If you have a good credit card you get insurance on all your purchases.
<br>And here is the big one...<b>the money stays in your bank account for one extra month and you earn the interest instead of the merchant</b>.
__________________
Sticky The Stickman
Sticky is offline  
Old 04-22-2003, 09:45 AM   #17 (permalink)
Transfer Agent
 
troit's Avatar
 
Location: NYC
Unless its a house or a car -- I pay for it outright. I do use credit cards but pay the balance in full every month. Been down that other road before and sure as hell on going back for a return visit...
__________________
I've yet to dephile myself...
troit is offline  
Old 04-22-2003, 10:14 AM   #18 (permalink)
Here
 
World's King's Avatar
 
Location: Denver City Denver
Credit is the Devil.


I pay for everything in cash... I like carring around thousands of dollars in cash... not all the time so don't come find me.
__________________
heavy is the head that wears the crown
World's King is offline  
Old 04-22-2003, 10:20 AM   #19 (permalink)
Psycho
 
Location: Sweden
Save, the only execptions I can think of is a car and a house sometime in the future.
__________________
Happy shall he be, that taketh and dasheth thy little ones against the stones. - Psalms 137:9
Nad Adam is offline  
Old 04-22-2003, 10:38 AM   #20 (permalink)
Registered User
 
sixate's Avatar
 
Location: Somewhere in Ohio
Now I save up. I have some stupid credit card bills cause I was dumb a few years back. It's my own damn fault.
sixate is offline  
Old 04-22-2003, 10:57 AM   #21 (permalink)
I aim to misbehave!
 
rockogre's Avatar
 
Location: SW Oklahoma
Credit berry berry bad. BAD! No use credit, is bad.

Save, pay cash, be happy.

Credit cards evil tool of satan. Cause much misery, sadness, brokeness.
__________________
Only two defining forces have ever offered to die for you,
Jesus Christ and the American G. I.
One died for your soul, the other for your freedom
rockogre is offline  
Old 04-22-2003, 11:16 AM   #22 (permalink)
kgb
Crazy
 
Location: Minneapolis
Don't mean to hijack the thread, but I think this is on topic enough. Currently I have about $1600 or so in credit card debt. I have $1200 in a money markey account that is maybe doing 1-2% if that. I was thinking about taking the money in market account and paying down my credit cards. Good idea? Bad idea?
kgb is offline  
Old 04-22-2003, 12:25 PM   #23 (permalink)
**PORNHOUND**
 
Ashton's Avatar
 
Location: California
I buy everything with my credit cards and pay the bill at the end of the month, It's a good thing... my credit rating is excellent because of it.... the credit card company's are always calling me and saying"You are a great customer Mr. Ashton, would you like us to add a few thousand to your credit limit" so I say "sure"
Ashton is offline  
Old 04-22-2003, 12:34 PM   #24 (permalink)
COMPLETED and A TRAINER
 
Location: BEAN_TOWN
Straight saver! I always give myself some mad money though
__________________
LEATHER, LATEX and LACE "SSC"
"Nothing That Gives Pleasure is Bad"

Quality is for those who know
what they want and are at peace with what they have.

"S/M is about emotion; the erotic tension between my impulse toward something and my resistance against it."-- Virginia Barker

i8one2 is offline  
Old 04-22-2003, 12:43 PM   #25 (permalink)
Psycho
 
kgb, unless your card debt is at 0%, that is a good idea. Very good idea.
poof is offline  
Old 04-22-2003, 01:48 PM   #26 (permalink)
Junkie
 
I save up for everything except classes and books, those go on the credit card. For the most part, if I can't pay in cash, I probably don't need it.
__________________
"Fuck these chains
No goddamn slave
I will be different"
~ Machine Head
spectre is offline  
Old 04-22-2003, 01:55 PM   #27 (permalink)
Junkie
 
I usually pay for everything with my credit card, but I only charge what I can pay off in full each month to help build my credit.
laconic1 is offline  
Old 04-22-2003, 02:01 PM   #28 (permalink)
Insane
 
Location: ÉIRE
If I really need something and have not got the money I will get it on credit.If I have the money in my pocket and was thinking about something regardless if I was going to leave myself short Iwould buy it
__________________
its evolution baby
homerhop is offline  
Old 04-22-2003, 04:24 PM   #29 (permalink)
Cosmically Curious
 
onodrim's Avatar
 
Location: Chicago, IL
I always save up. Otherwise you'll get stuck in so much credit card debt, and that would be very not good.
__________________
"The world is so exquisite with so much love and moral depth, that there is no reason to deceive ourselves with pretty stories for which there’s little good evidence. Far better it seems to me, in our vulnerability, is to look death in the eye and to be grateful every day for the brief but magnificent opportunity that life provides"
-Carl Sagan
onodrim is offline  
Old 04-23-2003, 07:12 AM   #30 (permalink)
MSD
The sky calls to us ...
 
MSD's Avatar
 
Super Moderator
Location: CT
Quote:
Originally posted by sixate
Now I save up. I have some stupid credit card bills cause I was dumb a few years back. It's my own damn fault.
Thank God that smoeone actually has the balls to admit it's their own fault and not the credit companies.

I don't care how great a Platinum AmEx card makes people feel about themselves, they would change their opinion if they ever had a chance to carry that $20,000 around in a briefcase full of small bills. Even if it isn't your money, it's one of the greatest feelings in the world, as far as money matters go.


Speaking of credit, I want to know who the hell fucked up my rating so I can't even get a fucking student card. I haven't ever been delinquent on a payment for anything.
MSD is offline  
Old 04-23-2003, 07:21 AM   #31 (permalink)
Junkie
 
Daval's Avatar
 
Location: The True North Strong and Free!
depends on the item, sometimes i save up, but if I really really want the item or need it then I may charge it.

I usually err on the side of caution though. hence no home theatre system
__________________
"It is impossible to obtain a conviction for sodomy from an English jury. Half of them don't believe that it can physically be done, and the other half are doing it."
Winston Churchill
Daval is offline  
Old 04-23-2003, 07:42 AM   #32 (permalink)
No Avatar, No Sig.
 
I've always been a cash man myself. If I couldn't afford it, I didn't want it. Never even had a credit card.

This came back to bite me when I decided to buy a house. (which I did recently) I had to scramble to establish credit, save a HUGE downpayment and hope for the best.
Now I'm mister credit card. Barely think twice about big ticket items. I think having an income well into the six figures helps me feel more relaxed about buying things too.
Wax_off is offline  
Old 04-25-2003, 01:43 PM   #33 (permalink)
Stereophonic
 
brandon11983's Avatar
 
Location: Chitown!!
I've charged a few things lately, only because my credit card has a killer intro rate, and I should have no problem paying it off before the rate increases. I put a new camera (Canon EOS Elan 7E) and new speakers (Definitive BP-10) on it.
__________________
Well behaved women rarely make history.
brandon11983 is offline  
Old 04-25-2003, 02:49 PM   #34 (permalink)
Insane
 
Location: Up my ass
Quote:
Originally posted by troit
Unless its a house or a car -- I pay for it outright. I do use credit cards but pay the balance in full every month. Been down that other road before and sure as hell on going back for a return visit...
I'm right there with you. I paid for everything cash up to this point in my life, while using the credit card for occasional credit-building items. And now, my wife and I are 21 and able to afford a brand new house, which we move into next month.
__________________
Alice, that dog has been licking his own asshole for three hours. I would venture to say that there is nothing there that requires more than an hour's attention. So I would suggest that whatever he's attempting to dislodge is either gone for good....or there to stay.

-The Long Kiss Goodnight_
Hycdubg is offline  
Old 04-25-2003, 04:02 PM   #35 (permalink)
Black Belt in Slacking Off
 
Location: Portland Or-ah-gun
I always put it on credit. I'm 21 and I've had a credit card since I was 17 and I've never not paid off my balance every month. I have one of those rebate cards and they add up nicely!
__________________
Slacking off with style since 1981.
Sensei is offline  
Old 04-25-2003, 04:10 PM   #36 (permalink)
Paladin of the Palate
 
LordEden's Avatar
 
Location: Redneckville, NC
When I get the chance I pay cash, I don't try to put anything on credit, I only use my CC if I need to do something online, if not I use cash (or debit card).
__________________
Quote:
Originally Posted by Baraka_Guru View Post
In my own personal experience---this is just anecdotal, mind you---I have found that there is always room to be found between boobs.
Vice-President of the CinnamonGirl Fan Club - The Meat of the Zombiesquirrel and CinnamonGirl Sandwich
LordEden is offline  
Old 04-25-2003, 04:27 PM   #37 (permalink)
Invisible
 
yournamehere's Avatar
 
Location: tentative, at best
Cash or Debit only.

I was Mastercard's bitch for 20 years - never again.
__________________
If you want to avoid 95% of internet spelling errors:
"If your ridiculous pants are too loose, you're definitely going to lose them. Tell your two loser friends over there that they're going to lose theirs, too."
It won't hurt your fashion sense, either.
yournamehere is offline  
Old 04-25-2003, 04:35 PM   #38 (permalink)
Existentialist
 
forseti-6's Avatar
 
Location: New York City
I buy everything on credit... and miraculously manage to pay it all over at the end of the month . I spend within my means, I'll never carry a balance.
__________________
"Don't cry because it's over. Smile because it happened." - Dr. Seuss
forseti-6 is offline  
Old 04-25-2003, 06:31 PM   #39 (permalink)
Think about it
 
Atropos4's Avatar
 
Location: North Carolina
Alpha phi and I save up....we don't own credit cards....
I've seen many family and friends go into debt because of them....
The only way I would get a credit card was if we were going to travel overseas...
__________________
Minds are like parachutes.
They work better open.

"If I were Hermione, I would have licked his pantleg."
Atropos4 is offline  
Old 04-25-2003, 06:35 PM   #40 (permalink)
Psycho
 
diergray's Avatar
 
If you have the discipline to pay off the credit cards every month you can get a lot of interesting bonuses. I can gift certificates to a book store almost everymonth. When I was renting an apartment I charged it and had almost $4k towards my next car.
__________________
"Behold the turtle. He makes progress only when he sticks his neck out.” ~ James Bryant Conant
diergray is offline  
 

Tags
credit, purchasing, put, save, something

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -8. The time now is 12:52 PM.

Tilted Forum Project

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2022, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0 PL2
© 2002-2012 Tilted Forum Project

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360