Did you put your Christmas shopping on Credit Card again this year?

@Tetchie (2933)
Australia
January 15, 2008 12:06am CST
Won't be long before you get your latest credit card bill, the first after the Christmas spending spree. Are you prepared for it or is your jaw going to hit the floor and reality get you where it hurts?
2 people like this
8 responses
• Canada
17 Jan 08
No....NO....NO!!!! I gave up that pattern years ago and cut up all my credit cards to boot. Now if David and I do not have the cash to purchase something we save for it until we do. We have both been caught up in creating heavy debt loads by leaving beyond our means...and will NEVER go back to that way of life. The stress, worry, pushing, sweating to meet bills...uh..uh...been there and done that. We know from experience the hardest thing is to "live beyond your means" and once we downsized our expectations, simplified our life, set realistic goals, got on a budget and did not overextend our financial outgo life has taken on a magical quality that allows us to live our best life because our debt load is no longer weighing us down. I avoid the Christmas outgo by beginning my shopping NOW for next holiday season. I have three presents tucked away in a box for special people. By December of next year all my shopping will be done except for maybe David's...and we won't be in debt up to our eyeballs. Sure works for me! Raia
@Tetchie (2933)
• Australia
17 Jan 08
Very organized. CC's are very disempowering.
@kuting (887)
• Philippines
17 Jan 08
yup im not really proud of it. it was just that i already had everything budgeted for the holidays, and then suddenly after the shopping spree and all, my mom and my sister still had some request and they asked me to shop for our christmas eve feast. now i really have a huge amount to pay and im afraid i cant pay them all. so i have to pay half of it this month and the remaining will be paid by february.
@Tetchie (2933)
• Australia
17 Jan 08
At least you can do it by February and not June.
@luvstochat (6914)
• United States
16 Jan 08
My credit cards were maxed out before Christmas even got here so I wasn't able to put anything on them. I had to be late on the payments on one of them so I could buy some presents I hate credit cards they are to easy to run up!
1 person likes this
@Tetchie (2933)
• Australia
16 Jan 08
So if you do lots and lots of posts you may earn enough to pay some of the interest on your card debts. CC's are a health hazard.
@barehugs (8986)
• Canada
15 Jan 08
Dear Tetchie: (where have U been?) At risk of sounding like a Scrouge, I didn't buy One, (thats 1 ) christmas present. I have a family and 4 Grandchildren, but we don't subscribe to Exmas Fever.We celebrate Thanksgiving twice. Once in Canada in October and again in Texas in Nov. We believe in gifting on special occasions, Christmas not being one of them! Been missing you! Glad your back!
@Tetchie (2933)
• Australia
15 Jan 08
Hi barehugs. I've been doing spiritual things, you know meditating at 5.30am for the last 3 months! I've not celebrated Christmas since 2000 and it is such a blessing. I don't have to worry about who wants what, what to buy, how much it's going to cost. And I have not had to worry about the usual Christmas malaise at the dinner table!!
• United States
15 Jan 08
I made sure this year that any money spent on a gift or gifts for different people in my life was money that I already had. Thankfully, no credit debt was used by me or my wife in buying gifts for our family and our friends. I've seen a lot of news lately with people talking about their debts on credit cards and such and it's nice to know that we were able to handle our Christmas shopping without doing that to ourselves.
1 person likes this
@Tetchie (2933)
• Australia
15 Jan 08
Well done. Yes, Credit Cards get people into allot of trouble. There is such pressure to buy gifts regardless of what debt it creates and it can take up to 6 months or longer to pay for them.
@zeloguy (4913)
• United States
15 Jan 08
Firstly I made sure I had the money then I put the spending on my American Express to get the points and then got something from them and used that as one of the gifts that I gave.
@Tetchie (2933)
• Australia
15 Jan 08
Very smart. If I need to use a CC I put the money in first then use it like a normal bank a/c. I never pay fees or interest and I win.
@suehan1 (4355)
• Australia
15 Jan 08
i was good this year and did not use one credit card and i am so proud of myself.i managed.i actually cut them up over a year ago as i was spending way too much money.i figured if i could not pay with cash then i could not afford it.cheers sue
@Tetchie (2933)
• Australia
15 Jan 08
Well done Chopping up the CC's is probably one of the wisest things a person could do.
@mummymo (23707)
17 Jan 08
I'm afraid I did sweety but I kept my spending well under control for once this year! I know already what the statements are going to be and I am not in for a nasty surprise - thank Goodness! xxxx
1 person likes this