Pick your debt

Posted by queen of all on December 6, 2007

Hmm, I choose none. Oh, I forgot, I live in the real world sometimes and not just my private dreamland. lol I do like to live on the river denial and you can come stay on my yacht there anytime you like. There is plenty of room and I have a maid, chef’s and many pool boys. No pool, but they serve us drinks with little umbrella’s in them.

But I guess since I live in the real world I have also learned to live with credit cards. We went quite a few years without any new credit cards as we worked hard to get out of debt. But things come up and it’s just necessary for emergencies.

Now some would rather have a line of credit on their house that they can pull from in case of emergency. For us, that is asking for trouble. I don’t think we could stay out of it since we’ve scrimped for so long. It would be near impossible not to use it for vacations and that is something we don’t believe in, we like to pay cash and have it over with and paid for.

But we do have our 0% credit cards that we use and pay off. The best thing was we paid off other cards with the 0% balance transfer credit cards. It’s much easier to pay them off when you don’t have interest attached. But also with 0% interest we can afford our trip to Mexico next year.