Damned Visa

visa - plastic money , visa
@ronaldinu (12440)
Malta
December 3, 2008 10:07am CST
Right now I wish I could shoot he person who has invented visa. Although is comfortable to use especially when you are low in cash, it can become a habit to spend beyond your means. This week I had a fight with my wife over this issue. Despite that we had to use the Visa money to buy some furniture, our agreement was that she had to put a monthly payment in the Visa Account so that the debit will be reduced slowly. I learned that my wife is still using her visa account when she is low in cash to make ends meet. We had a bitter fight about it. © ronaldinu 2008
8 people like this
26 responses
@annjilena (5620)
• United States
4 Dec 08
don,t feel bad we know a credit card can help when low on cash but it also can be a curse as well.they make it sound so good until you have to pay it back and then they tack on all the interest to your bill and loe and behold the bill is higher then before.i only use debit cards you only spend when you have it.don,t have to worry about interest are having a bill.iam sorry you and your wife got into it about this it will all work out soon try to get past the holidays.happy mylotting
1 person likes this
• Philippines
4 Dec 08
I guess people tend to be more and more attuned to spending uncontrollably due to these credit cards. Maybe that's why the economy is going down in the U.S. and other parts of the world, people are spending money they have not yet earned. That's actually a dangerous habit and a habit that's difficult to break. I think it's high time though that you get your wife's credit cards for now, it's pretty obvious she's not very good at budgeting. And if you don't do that now, who knows how many fights would come to your lives. Actually I'm worried about it myself too. My good old dad just gave me a gold card this week. He's actually not doing me a favor at all for doing such a gesture. I know he means well, but I'm not very good at budgeting at all too, and having given this false freedom would sooner or later lead me to my doom. That's why, I don't bring it along. Hahaha.. I know it's foolish, but I can't take chances. And besides, I'm used to using bills or cash anyhow, will not start now to change my lifestyle because of some false available funds. =)
1 person likes this
@oldboy46 (2132)
• Australia
4 Dec 08
Thankfully this is not a problem that my partner and I have. I do have to admit though that when I first separated from my now ex-wife there was a huge problem with the credit card. Initially I was still making the mortgage payments on our hiome that the ex was still living in with my daughters plus I had to pay child support for them. Also I would have them every weekend and often I had to rely on my credit card to survive and in many ways that was my own fault. I did not want my daughters to miss out on anything because their parents had separated ... and they took full advantage of that fact too. Plus my ex was using the credit card and racking up huge bills on it, which I did not realise for a few months. I made the mistake of not having my mail redirected so I didn't actually see the credit card butpaid so much off each pay day. I was stupid and did not cancel the extra card that my wife had in her name but as the account was in my name I was legally liable. When my partner and I got together I still had a credit card debt. We worked out a budget and paid the maximum off each week until the debt was finally cleared completely. Since that time we would use the credit card maybe once every 6 months to keep it active, in case we ever need it again. I hope we don't because the interest rate is so high if the entire amount is not paid off each month. One of the biggest problems in a marriage or relationship is money. Many couples do not work out a budget and stick to it and if one spends "too much" there will be friction. When that happens the arguements start and sometimes harsh words are said and they cannot be taken back. I would suggest to you ronaldinu that you and your wife need to sit down and work out a budget. You make a shopping list and then do the shopping together so that you stick within your budget. Once you have spent the budget for the week or whatever, then you have no more money and neither of you put anything on the credit card until it is all paid off. Good luck and I hope that you can work it out.
@oldboy46 (2132)
• Australia
29 Dec 08
Thanks for giving me best response here. I hope that you and your wife are able to work through the issues relating to the use of your visa/credit card ronaldinu because not disagreeing about money makes life so much better.
@ronaldinu (12440)
• Malta
29 Dec 08
yep we did, thanks for your care
@mtdewgurl74 (18118)
• United States
19 Jan 09
Lol love the title although I know it is no joking matter. This is the reason me and my husband choose not to get a credit card of any kind so we won't be enticed to spend beyond our means. It would be nothing but one big fight because it would be my husband probably doing all the spending on it.
• India
30 Dec 08
Using a visa card can b ereally bad at tiems. One gets into the habit of livign beyond one's means. It is nto right. One msut try as far as possible to live within one's means. A visa card shoudl be used only in an emergency. If we make each opportunity int oan excuse to overspend, one will end up in debt. Be careful.
@GAUCI123 (1042)
• Malta
30 Dec 08
Well the Visa is a bit dangerous, since you are being borrowed money with out even notice, but in return You will have to pay amount of interests back. I use the Visa only to buy on the net and when I travel, I never use the visa to buy other things, since I am a bit afraid not to increase loans.
• United States
30 Dec 08
Whatever! For me its better don't have a Visa or any credit cards makes you lots of debt. Better to use cash, lots of people like a credit cards but they doesn't know its a lots of debt soon and more interest. Good Luck to all of you paying!
@suspenseful (40316)
• Canada
30 Dec 08
It usually happens when one gets a credit card, one does not realize that you are spending money you do not have. Later on, you realize that the reason for the card is that you do not want to carry the cash around with you. But if you need the stuff, sometimes the credit card works and that is what makes it hard. It is like taking advantage of low income people and is sort of like those Money Market places that charge a lot of interest. You have to tell your wife that you may have to go without or some one has to find a way to make extra money. I do not know what you can go. I have been in that situation when I was in debt and could not use the credit card even for necessities. It is too bad that loans are only given to those who make a lot of money, but for many of us we cannot even get them.
@LittleMel (14055)
• Canada
30 Dec 08
yeah credit cards can be useful but won't be useful if you don't control your spending. visa or mastercard, they are all the same. she is using it to make ends meet as you said, so this is not spending spree. Just that she made a mistake using it instead of savings. I have made that mistake before but have closed 2 credit cards months ago. I paid off the balance and now I only have 1 card that I rarely use anymore. It is a lot to pay off and close the cards but better in the long run.
@bombshell (11266)
• Germany
5 Dec 08
we have visa but we use only for booking the ticket and shopping in Philippines.we dont use it here very often.
• United States
4 Dec 08
Misuse of credit can ruin you. Cut up your credit cards until you get your finances under control. You can always apply for replacement cards later. If you're late with payment, the credit cards companies raise your APR to the usury levels and you'll never get out from under unless you come in to a huge amount of money like winning the lottery.
@kun2349 (23475)
• Singapore
4 Dec 08
Well, u can dun use u if u want.. Nobody is forcing u to use it, and even using it, nobody is forcing u to abuse the whole system.. lol =D It's all about self control.. And since u cant control your wife, so why blame it on VIsa?? If that's the case, if there are bad students in your class, should parents blame u for teaching them all the bad things, just because their parents failed in their teaching?? lol =D
@Chevee (5915)
• United States
4 Dec 08
I have a visa I just use it for emergency when I don't have the cash. Like major car problems that I can not pay for in cash. So far I haven't had any problems. I never just use it randomly for purchases. I do hope you and your wife get this matter straighten out without any major problems.
@Teyjattt (126)
• United States
4 Dec 08
Have you considered opening a second bank account with another institution and getting a debit card? This will give you all the flexibility and convenience of a credit card, but without accumulating the debt. My wife and I have done this as a way to control our spending, we put a set amount in to that account each month and use that for our splurge spending.
@Humbug25 (12551)
4 Dec 08
Hi there ronaldinu I think it is very normal for couples to argue over cash, or rather the lack of it. I used to argue a lot with my husband about money matters but then he was a gambler! I think he used to think that I could pluck money from out of the air to do the weekly shop with etc. I hope you manage to sort out your problems with your wife soon and you don't stay angry with each other for too long.
@shonali (1286)
• India
4 Dec 08
i had the worst time with my visa credit card when i was doing a part time job as i was also in college at that time..... and my salary actually wasnt very good as it was a part time job... and there used to be these banking agents standing outdide the gate of our office building and one day curiosity got the better of me and i went over to one of the guys and asked him what this was all about and he told me that he was selling credit cards to people who work in this company..... so i told him i wuld be interested and he asked me whats my salary package and when i told him my package he told me that i couldnt have a credit card as i dont meet the salary requirements.... so i walked away ...after some days i got a call and it was the same guy asking if he could sell the credit card to me and i called him over to my place and when he came i asked him if the credit card now can be allowed to part timers too and he told me that there could be a provision done to give me the card and so i said yes..he told me to fill out a form and he took my signatures and left and after somedays i really got the card which i started using...but later i came to know that the bank guy had put all my information wrong on the form he had submitted on my behalf... my age my salary..everything was wrong and this he had done with my best friend and another friend too.... and we all got stuck in this and kept paying bills over bills which would never stop and paid much more than we actually ever spent and then finally managed to close the account..... but it was such a huge nightmare which i will never forget and so wont my friends and i swore to myself that i would never touch a credit card ever again
@saundyl (9690)
• Canada
4 Dec 08
I'm sorry you had a fight about it. I got myself in trouble with a mastercard when i was in university - spent more than i could afford - I'm still paying it but I've made a point ever since NOT to have a credit card unless its a prepaid one. The prepaid ones dont work for everything but I usually go to my mom or sister and pay their credit card bill and put my item on their card - but only if i have the money for it first (like plane tickets)
• China
4 Dec 08
Yes, i also hate VISA. Keeping a Visa buy something will make me reasonless. Now i owed bank much money and can not return the bank with my income. What can i do now?
@nicholejade (2430)
• Canada
4 Dec 08
Thankfully my fiance and I do not have this problem and we have never fought about money. However I have seen what couples have done because they don't have money or just to get back at someone. For instance we have a friend who's girlfriend or as we call it his ball and chain will go out and spend beyond their means and he is left paying the balance. And then when it gets paid it gets racked up again. Another couple friend that we have he literaly cut all the credit cards up infront of his wife which then turned physical after that. I say if you don't have the money to buy something don't buy it. And if you can't afford to pay your credit card bill in the next few months don't use it as well. Simple as that.
@apples99 (6564)
• United States
3 Dec 08
Yea its easy to get in to debt with credit cards believe me I know from experience the first time I ever got a credit card the company was late sending me my billing statements, and they took the extra money I had left on my card becuse I had made sure I didnt go over my spending limit but the company took the remainder of the money I had left on the credit card, and when I called to inquire about it, they had some lame excuse as to why they did that, it seems to me that the credit card company's want you to go in to debt, and I dont trust them, thats why now I only use cash to shop or a prepaid debit card.