NYS Layoffs Starting

[steve863]

That's exactly what I am talking about guys.  Good for you!  I don't even include mortgages on homes as being "credit" in the same sense as with other stuff.  After all a home purchase is probably one of the biggest investments a person will make and few can afford paying for a house in cash.  I would bet that most of the people who have foreclosures on their homes was due to out of control spending on their credit cards which in turn makes it hard for them to meet the mortgage payments.  Have some control over other expenditures and mortgage payments CAN be met in most cases.

[bubba]

My only payment at this time is my truck.  One more year and it is paid off.  I decided not to take the retirement, so they are laying off a counselor who has been there for 2 years and has 2 small kids.  Sure makes me feel like crap.  But in a coulple years I can walk with much less on my mind. 

[fasteddie]

I'll keep my credit cards . No problem . I pay them off when I get the bills . Don't need to carry much cash . I earn money off my cards .

House has been paid off for several years .

Didn't finance the last 4 vehicles . Paid cash .

[wdswtr]

My grandfather always told me it is not how many pennies you make an hour its how many pennies you save.  I owned a credit card once in my 20's.  Found no use for it at all.  If I couldnt afford it I didnt need it.  Im 39 years old my house is paid off, no credit card bills, have payments on the worst investment known to mankind, vehicle and just the normal household bills.  It was a great feeling making that last house payment.  Pay whatever extra you guys can each month on it wether its 10 bucks or 100 it really cuts it down.  Now to just get my kids through college.  Cash is king, live on credit and the government owns you all the more.

[cboy18]

amen.