Money
- Thread starter Mikaya
- Start date
Sharon
Pokemon Master
Towns Folk
I budget to spend. I've accepted the fact that I'm a spender but I do so responsibly. I tell myself that out of my bi-weekly pay check I need to "Spend $300 on future emergencies" so that's dedicated to that. Then I naturally keep the rest in my checkings of which I can spend it on bills and whatever. I always pay bills as they come in. I use my credit cards for regular purchases, but I never spend more than I have in my bank account. I always pay off my credit cards in full every month unless they are no interest. No interest credit cards I divide the remaining balance by the number of months I have left with no interest and I pay that amount or round to the nearest $10.
Starforce
Starforce
Towns Folk
It sounds like you have your financial situation in full check! I aim to get most of my recent medical expenses back due to my health insurance, but I aim to have my debts entirely paid off before the end of July. I did a few Balance Transfers from my main credit card to pay off my other higher interest credit cards using a promotional rate, but that rate expires at the end of July and if there's still an outstanding balance on the special portion of my interest rate, then that goes back up to 19.9% (standard balance transfer interest rate for most Canadian Visa/MasterCard cards.
Sharon
Pokemon Master
Towns Folk
It sounds like you have your finances under control. =) I think it's wonderful that they offer Balance Transfers. That's how Discover helped me get my finances under control because I had 4 credit cards at one time with balances and transferring the balances to my Discover allowed me to pay off the almost $2000 debt in less than 18 months without having to worry about paying extra fees. I actually enjoy talking about money and credit.
xmenpkmntrainer
Wielder of the 3DS!
Towns Folk
I'm 13 and I do some work for money I cook for my family to get a little take my bros to the park sometimes I take them to school (only during winter) and I also get a little when I visit my family. My parents usually tell me to get only what I need and maybe spend it on others which is what I do but sometimes (depending on the situation and how much money I have) I'm allowed to spend it
1
18
Lime Pawpaw
Towns Folk
I get the equivalent of $1 (or at most, $2) a day for junk food, and my addiction to soft drinks means it's usually gone by 6:00 PM.
When I do want something, though, like a game or printing band posters, I'm OK with starving myself out and saving this money. In that respect, I'm good at saving money, and it's lucky that PS2 games here, at least, cost much less than in other countries. (Sadly that's not true for 3DS games).
If I feel like, "I can't wait," then I usually ask money for whatever I want of my parents, though I'd prefer to not doing that if possible since it's awkward. I mean, how do I say, "Hey, Ma, I think a Motley Crue poster would look nice behind my door. Gimme!"
When I do want something, though, like a game or printing band posters, I'm OK with starving myself out and saving this money. In that respect, I'm good at saving money, and it's lucky that PS2 games here, at least, cost much less than in other countries. (Sadly that's not true for 3DS games).
If I feel like, "I can't wait," then I usually ask money for whatever I want of my parents, though I'd prefer to not doing that if possible since it's awkward. I mean, how do I say, "Hey, Ma, I think a Motley Crue poster would look nice behind my door. Gimme!"
