Pevenseagull
meh
- Jul 20, 2003
- 20,673
0
With facility to get about £20k in debt.
Which I won't.
With facility to get about £20k in debt.
Which I won't.
Exactly my story too (not the illness) as described in a post a few minutes ago. Meeting the right person at the right time can be, literally, an absolute life-saver..About 14 years ago, after a long Illness (Hepatitis, liver failure, kidney failure) I managed to get myself back into work, minimum wage (about 14k at the time) was living on my own and had to rob Peter to pay Paul each month, managed to rack up about £5k worth of debt simply by trying to survive.
I met my Mrs about 8 years ago and she was very understanding of my situation and when we moved in together she basically footed all the bills so all my money could go towards paying my debts and we could then have a better life.
Just over a year with her to clear all my debts and lift a huge weight off my shoulders.
Being in debt made me seriously depressed, it's so hard to see a way out and can become all consuming. Once you get in debt it's incredibly hard to get out, I was just immensely fortunate that I met the right person at the right time to help me through it, who knows where I'd be otherwise.
Credit cards have their place, as long as you pay them off every month. My wife has a card that gives her bonus points which get converted into Christmas presents, and another card she takes abroad as it offers a good exchange rate and takes no commission. But I take your general point. Personally I pay for everything with a debit card.Mortgage, but nothing else.
Husband and I have no credit cards and no plans to get one - we don't spend anything we don't have.
Virtually all our spending goes on credit cards (cleared in full every month)……split between a BA Amex card and a Hilton visa. The Avios and hilton points and other benefits (the Hilton card for example gets me an immediate Hilton Honors Gold Card which in turn means an almost certain upgrade on any stay, free breakfast etc at any Hilton worldwide) gets us least 3-4 free hotel nights a year and the Amex a BA Companion voucher annually (essentially a BOGOF return flight - the last one we exchanged was worth about £5k). Ironically the only time I don’t use the cards is abroad as their charges are too high - have a multi currency Wise card for that which is excellent.Credit cards have their place, as long as you pay them off every month. My wife has a card that gives her bonus points which get converted into Christmas presents, and another card she takes abroad as it offers a good exchange rate and takes no commission. But I take your general point. Personally I pay for everything with a debit card.
Do these cards have annual charges or commission?Virtually all our spending goes on credit cards (cleared in full every month)……split between a BA Amex card and a Hilton visa. The Avios and hilton points and other benefits (the Hilton card for example gets me an immediate Hilton Honors Gold Card which in turn means an almost certain upgrade on any stay, free breakfast etc at any Hilton worldwide) gets us least 3-4 free hotel nights a year and the Amex a BA Companion voucher annually (essentially a BOGOF return flight - the last one we exchanged was worth about £5k). Ironically the only time I don’t use the cards is abroad as their charges are too high - have a multi currency Wise card for that which is excellent.
This sums it up for me.Mortgage, but nothing else.
Husband and I have no credit cards and no plans to get one - we don't spend anything we don't have.
I hope things work out for you.This sums it up for me.
If you can't afford it, don't buy it.
Up to 8 years ago we had 2 wages coming in, after Mrs AR retired on health grounds, we went down to my wage and adapted to that.
Now with certain things going on, we may have no wages, only an insurance that kicks in after I've exhausted my sick allowance, which my employer took out for the workforce and pays out 60% of my wage.
If it helps I’m living your wish in my 50’s and it f***ing sucksI feel bad about having posted that I was debt free earlier as it may be perceived as having 'won'.
I'm 52 years old and decrepit.
I wish I was 30 years old and healthy with £50k of debt, a van and tools and a decent stream of business.