If you are buying coins on credit, you'd best stop. CC are convienent as I use them for work expenses, but a balance is never carried. I could even see if you needed to use one for a month or two to pick up something you really wanted and spread the cost of a few weeks without having to go lay away, but be careful. Its not my business, but very dangerous.
There is a guy here who took out a 100k 2nd mortgage on his home to buy Morgan $ , but is now in serious financial trouble.
There is nothing wrong with using a credit card to buy a coin or whatever else you're wanting as long as you ask yourself this question: "Can I pay for this at the end of the month without carrying a balance?" If the answer is yes, go for it and collect the bonus dollars, free miles, or whatever. Again, I do it all the time. Over the years I have racked up a lot of bonus dollars by doing this and have never, never, never carried a balance over to the following month. Of one of my other trademarks in life is to always "live beneath your means." By doing this, I have been able to put back "seed money" for retirement (which is fast approaching) and also been able to expand my coin collection without using the "grocery money." All of this really boils down to each person mananging their money in a prudent manner and not letting the credit cards manage them. It's a discipline, we all go through.
Ya know, this line of yours has really gotten old.
If you want to stay stuck in stupid that's your perogative.
You DO have a Television set, don't you? Even if you don't, surely you've read a newspaper or maybe even read on your computer's Home page that countless bloated dead bodies were found everywhere from New Orleans to Delcambre to Holly Beach. OBVIOUSLY, YOU CAN READ!
That's not amusing either & is very much a Reality - definitely nothing to make light of. It really happened & yes I volunteered to do Charity work then and continue to do so to this very day. And NOT ONLY for Christmas either!
There are people ON THIS VERY FORUM that know this to be TRUE, so get a grip on yourself, get a life & move on.
You choose to have a problem with me? Again - your perogative but you don't bother me in the least. In fact, you boar me.
I am no longer amused by your remarks about my ex-wife's demise either.
The person I knew no longer exists. Last time I saw her she did indeed look like Death warmed over - a skeleton with skin on it, capable of only uttering only one word ... "Yes" - no matter what the question and she's that way by the hand of Troy Primeaux for whom there are 3 outstanding Warrants this minute ... but as you say, "That's NONE of your business."
There is NOTHING amusing about any of this!
Your pathetic attempts to rile me don't even phase me anymore. FYIY, yes I did wade in disease infected water up to my chest & yes I did handle bloated, rotting corpses ... something you wouldn't have the stomach for - or the heart!
My charitable deeds have never ceased & never will.
Assuming that everything else is equal, and if you make the minimum payments each month, your credit score will be higher than mine because I pay off the balance each month.
And people wonder why the economy is tanking. >>
Your credit score is partially based on how much money they can make off you, don't be naive.
On BS&T Now: Nothing. Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up! Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
<< <i>That's it! I have hit $5000 in credit card dept without even trying. So not another coin purchase, no mater how sweet the deal, until after I sell many. Can I control my Habit til I have made enough sales to get back in the green? I'm thinking if I put it in "ink" I will be easier to go cold turkey. >>
Ya trust me stop now before it is to late lol few yrs ago i cut my cards up bought alot of coin supply !! well in the end i paid to much for the supply
Assuming that everything else is equal, and if you make the minimum payments each month, your credit score will be higher than mine because I pay off the balance each month.
Big deal. One can pay the balance every month and have a credit score of 805. I know, I did it. Could it have been 806 if I had paid them interest? It really doesn't matter and certainly isn't worth the money flushed down that toilet.
Well I made 30 days before I crashed the wagon. The $5000 debt was down to $3500 @1.875% interest for 1 year, when I could not resist the platinum 4-coin set. I wanted both the Proof and Unc sets but decided to get the unc for a few hundred less and with only one set I think I can fix the wagon and live with the debt. I just keep telling myself, at least I have something to show for my credit card debt.
Comments
How many can say they have zero debt?
I can.
How much you owe stman?
There is a guy here who took out a 100k 2nd mortgage on his home to buy Morgan $ , but is now in serious financial trouble.
jim
"Total Money Make Over" by Dave Ramsey
You will learn everything that is bad about credit cards
I read it and I am "debt free and loving it"
Go buy it and do what it says, if you are not better off in a year I will buy the book from you for double the cost of the book
Jim
Menomonee Falls Wisconsin USA
http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
<< <i>$5K credit line = "the wall"?
You're kidding, right?
The CC limit is much more, but I seem to have overshot my personal limit.
(Not counting the ones my wife wields for the household- just my personal one.)
Dang if the bank didn't up it to $1,200, though. I still think of it as a $1,000 limit and generally forget the other $200 is there.
I just paid the whole balance off last week but have since used it a couple of times at the post office.
Generally speaking, I have been pretty good lately.
I do carry with me ten $100 bills with me in case of emergencies.I might have to feed my coin addiction
Jim
Menomonee Falls Wisconsin USA
http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
I'm actually glad that it has a relatively small limit on it, though.
<< <i>Nothing wrong with the advice given here, stman.
I never said there was did I?
If you want to stay stuck in stupid that's your perogative.
You DO have a Television set, don't you? Even if you don't,
surely you've read a newspaper or maybe even read on your computer's
Home page that countless bloated dead bodies were found everywhere from
New Orleans to Delcambre to Holly Beach. OBVIOUSLY, YOU CAN READ!
That's not amusing either & is very much a Reality - definitely nothing to make light of.
It really happened & yes I volunteered to do Charity work then and continue to do so
to this very day. And NOT ONLY for Christmas either!
There are people ON THIS VERY FORUM that know this to be TRUE,
so get a grip on yourself, get a life & move on.
You choose to have a problem with me? Again - your perogative but you
don't bother me in the least. In fact, you boar me.
I am no longer amused by your remarks about my ex-wife's demise either.
The person I knew no longer exists. Last time I saw her she did indeed
look like Death warmed over - a skeleton with skin on it, capable of only
uttering only one word ... "Yes" - no matter what the question and she's that
way by the hand of Troy Primeaux for whom there are 3 outstanding
Warrants this minute ... but as you say, "That's NONE of your business."
There is NOTHING amusing about any of this!
Your pathetic attempts to rile me don't even phase me anymore.
FYIY, yes I did wade in disease infected water up to my chest &
yes I did handle bloated, rotting corpses ... something you
wouldn't have the stomach for - or the heart!
My charitable deeds have never ceased & never will.
You boar me to death with this nonsense.
<< <i>What is most appalling is this:
Assuming that everything else is equal, and if you make the minimum payments each month, your credit score will be higher than mine because I pay off the balance each month.
And people wonder why the economy is tanking. >>
Your credit score is partially based on how much money they can make off you, don't be naive.
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Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
<< <i>That's it! I have hit $5000 in credit card dept without even trying. So not another coin purchase, no mater how sweet the deal, until after I sell many.
Can I control my Habit til I have made enough sales to get back in the green?
I'm thinking if I put it in "ink" I will be easier to go cold turkey. >>
Ya trust me stop now before it is to late lol few yrs ago i cut my cards up bought alot of coin supply !! well in the end i paid to much for the supply
<< <i>Dude, don't buy coins on credit. Bad idea 99.9% of the time. >>
Cladiator's got it right.......I NEVER pull out my credit card to buy a coin.
never bite off more than you can chew.
``https://ebay.us/m/KxolR5
``https://ebay.us/m/KxolR5
Big deal. One can pay the balance every month and have a credit score of 805. I know, I did it. Could it have been 806 if I had paid them interest? It really doesn't matter and certainly isn't worth the money flushed down that toilet.
I just keep telling myself, at least I have something to show for my credit card debt.
of the middle class. It is addicting,
it exceeds our ability to finance the
habit and it requires more and more
to sustain the high.
Camelot