i have a few credit cards
actually more than a few
i want to build a good credit history
best to hover around zero
if it gets up to let’s say 500 dollars in debt it’s starting to get out of control
on one of the credit cards
i always remember what a friend of mine said
“i don’t spend money i don’t have.”
that’s essentially what credit cards allow you to do:
but then you get to a point, if you’re foolish, where you barely make payments to pay the interest alone
and now you are stuck. you are trying to make minimum payments, as that is all you can now afford
and now you are in slavery. economic slavery. financial slavery. you are bending your knee
to the credit card company.
and you are presuming on God’s good will, that God will allow you to continue to make the minimum payments.
Jesus said, “put not the Lord your God to the test.” yet this is what you are trying to do.
so…… allow the credit card to go up
but then try your hardest to pay it all off.
once it is all paid off, you can allow yourself to spend a bit
you have to live a little as well
but that’s what a credit card is good for: spending money and then paying it off.
take twice as much pleasure paying off the debt as you did when you were spending the money.
take pleasure in paying off debt, as you make the (positive) money disappear (as it combines with the negative money, the debt)
kind of like matter and anti-matter
meeting each other and ultimately disappearing
debt is a form of slavery. as such it is a very ugly thing.
yet if you travel, it is good to have some credit cards. keep two wallets and if you get mugged, your other (hidden) wallet
will still have good credit cards.
it seems to me you need credit cards for hotels, transportation, food, etc.
although i do admire those successful people who simply do not believe in debt. the owner of the basketball team here in minnesota is like that.
remember: you are staking your word on being able to pay off your debt.
are you as good as your word?
a man is as good as his word.
a man’s word is his bond.
a man as good as his word is worth more than his weight in gold.
when you make a promise or a vow, keep it.
so, pay off your debts.
if it gets to a danger point, don’t spend money you don’t have.