Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Credit card limit cut in half.
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="Truckdriver" data-source="post: 3374146" data-attributes="member: 45123"><p>I've always found the best policy for average use of credit cards is to not use more of your credit line then you have cash. That's the way I do it. Driving over the road, I use my CC's a LOT. I make it a point that every payday, the first thing I do (after putting aside money for household, utils rent etc) is pay my credit cards off. I keep an eye on my spending vs my expected estimated income after household expenses. If I see it coming up short. I just cut my spending. </p><p></p><p>I do have a CC set aside with a large amount (wont divulge that amount as its nobody's business) for emergency purposes. I also have that cash equal to that cc limit in a savings account. </p><p></p><p>With proper planning and some serious financial discipline, anyone can have and keep a good credit score. But yeah, huge emergencies such as unplanned medical, unexpected job loss, etc can upset the apple cart. Just need to be prepared and the time to start preparing was yesterday, last week, last year.</p></blockquote><p></p>
[QUOTE="Truckdriver, post: 3374146, member: 45123"] I've always found the best policy for average use of credit cards is to not use more of your credit line then you have cash. That's the way I do it. Driving over the road, I use my CC's a LOT. I make it a point that every payday, the first thing I do (after putting aside money for household, utils rent etc) is pay my credit cards off. I keep an eye on my spending vs my expected estimated income after household expenses. If I see it coming up short. I just cut my spending. I do have a CC set aside with a large amount (wont divulge that amount as its nobody's business) for emergency purposes. I also have that cash equal to that cc limit in a savings account. With proper planning and some serious financial discipline, anyone can have and keep a good credit score. But yeah, huge emergencies such as unplanned medical, unexpected job loss, etc can upset the apple cart. Just need to be prepared and the time to start preparing was yesterday, last week, last year. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Credit card limit cut in half.
Search titles only
By:
Top
Bottom