Are you using your Credit Cards to make ends meet?

credit cards - Photo of different kinds of credit cards laying in a big pile.
United States
August 20, 2009 12:50pm CST
My husband got laid off first of the year. At first it wasn't too bad because we had some savings to live off of. It took a month to get his first unemployment check. We are in the position where we have use our credit cards to buy groceries to get us thru to the next paycheck. I know this may be wrong but we have no other source to get us thru. I just hope he called back to work soon. Do you have to resort to Credit Cards to get thru to the next check?
6 people like this
19 responses
@maezee (32248)
• United States
21 Aug 09
Sometimes I have to do this, too, just because I didn't budget my pay check out very well. I try to use it as a last resort, though, although it doesn't always happen. The one thing I usually end up needing is GAS for my car - and so that's usually what I charge if anything. Good luck with your financial situation.
2 people like this
• United States
21 Aug 09
My hubby has to get called back out to work. I wish sometimes that I never had these credit cards to use. We have sold almost everything we have that is extra to try to get thru the months. Yes we sometimes need it for gas too. I just wished I could work outside of the home. Thanks for your kind words.
1 person likes this
• United States
21 Aug 09
I hope things get better as well for you and for everyone going thru all this! Its hard but try and stay strong .
• United States
22 Aug 09
Thank you and Im sure that something is going to break real soon. I just my fingers crossed that it ain't me that breaks. HAHA. You have a good day and a wonderful evening. Once again thanks for your comments.
@suchi60 (913)
• India
21 Aug 09
I did exactly that and now my credit limit has also reached. I need to do something fast and get my credit card back in order before things go haywire.
1 person likes this
• United States
21 Aug 09
It is very easily done and done fast. The only thing I know to do is to pay a little more over the min payment. This gives you a little more available credit. If I hadn't started this I would have been able to have at least one down to where I could have closed it out.
1 person likes this
@benny128 (3622)
20 Aug 09
be careful using your credit cards they are well very dangerous I personally dont use credit cards Really hope either of you find work real soon as its a dangerous position to be living off credit cards
• United States
21 Aug 09
I know what you are saying. I agree that it is very dangerous using these cards like this. I want to slow down on it real soon. I think that maybe this weekend I can find the stuff to go to the Flea Market. If all goes well then I won't have to use them this pay period and keep my fingers crossed that he gets called out before the next go around.
@benny128 (3622)
21 Aug 09
Just be careful, and hope you or your partner find work soon. Also why not go round the charity shops and see what you can buy to re-sell might help you out a little bit. I used to make alot of pocket money doing that though you do need to know what to look for and some you will make money on and some you wont. Good luck.
• United States
22 Aug 09
I like your ideal on the threft jobs. I think I will go give the flea market a try and see what does sell the quickest. Then I could go and search for those kind of items that I know that we could make money on. Thanks for the ideal and I will put it to use. Have a good day and always remember to smile.
@dlr297 (5387)
• United States
20 Aug 09
Since last November we have only done a few jobs (We are in construction) We have just about gone through our savings. We have no credit cards to live on, but what we have been doing is slowly selling off different things to get us through.
• United States
20 Aug 09
We have thought about that too. Looking around and seeing if there is something that we really don't need and can replace it when he gets back to work on time. He works out the Local union hall and is being told that real soon work is going to start back up. That real soon saying, isn't close enough for me yet.
@dlr297 (5387)
• United States
20 Aug 09
i know what you mean. i just wish that people will start building new houses again most of the builders are waiting until they have sold the ones that they all ready have before they build new ones. I just hope things start picking back up soon. and yes most of the stuff that i have been selling i will purchase again someday.
@metschica25 (5407)
• United States
21 Aug 09
Hello, My fiance took out way too many cards and yes we did depend on them way too much and got ourselves in a bigger mess ;*( Those really can be the worse thing if you go to far . The bill gets high and if its on a few it adds up . We are kinda back on track now and make limits , but it will take a long time . I see my brother now using the cards just to get by, but people sometimes dont have a choice .
• United States
21 Aug 09
I wish I could be the one that doesn't use the credit cards to get by. But with things the way they are I really have to use these cards for food. I should have never started this but now that I have we can't do anything about that until my hubby gets back to work. Thanks for your comment and I wish you the best.
• Philippines
21 Aug 09
I don't have a credit card.I still prefer using cash.I might not be able to curb my spending when I use credit card.using cash can help me monitor my spending.I can see how much I spend for clothes and food.from there I can easily adjust my spending.
• United States
21 Aug 09
That is exactly what we all need to do. I wish over a million times that I hadn't started the credit card trail. Now that I have I just need to make sure that there isn't any over limit charges. I will try to keep things to a minium. Thanks for your comment. Have a good day.
@Aylward (199)
• Philippines
21 Aug 09
Yep, we've been trying to survive using credit cards before our next paycheck. At this moment, there is nothing we could do since our savings are now too small. But we're not making it a point to max out our cards, since we're paying our dues when we have our paycheck, just too bad since small amount is left for us resulting to using again the credit card.
• United States
21 Aug 09
I understand totally what you are saying. My heart goes out to you. Maybe this econmy will break real soon to where we can afford what we need. I had started a savings and had to use the savings to live on in the beginning. Im going to hold my head high and make sure that we well survive. Thanks for your comment.
@tonytt2009 (1706)
• China
21 Aug 09
Hi there,I've been trying exactly what you mentioned during the first year of my working,when I got very very thin salary.Thus,my credit card help me got thru those hard days~even I will have to pay back to the bank 30 days after my consumming.... Have a nice weekend~
• United States
21 Aug 09
thanks for your comment. I try to pay little more than what is min payment. Im looking for that rainbow everyday. Maybe it will reach me real soon.
• Singapore
21 Aug 09
not a good idea to use credit cards, because you may keep on use the credit cards until you carry a heavy load of debts that you cannot pay up and that is very dangerous as the interest rate is so high that the amount just keeps on rolling to a point of no return where you have to declare bankrupt
• United States
21 Aug 09
I know. That is what I am trying to avoid. I don't know what else we can do right now. Like I said earlier we only use them for groceries. I don't go overboard on the groceries either. I just buy the basics. No luxuries items at all.
@iamsolucky (1243)
• Philippines
21 Aug 09
Hi and smile. I do purchase a lot using my credit card year 2006 and 2007. I was so addicted shopping because i do know i have available credits to use. But then it changed when i experienced financial problems. I became so wise spending money and never use credit cards anymore. Happy mylotting and smile always!
• United States
21 Aug 09
Thanks for the smile. yes I am smiling right back at you. I don't like using them for groceries. I wish I was in the position to use them for luxury stuff instead. Maybe real soon I can get them paid back down and close a couple of them.
@indahfth (11173)
• Indonesia
21 Aug 09
I do not have a credit card, and I do not like to use a credit card. I certainly have a headache that many payment. if we spend the cash, the money we spend does not feel.
• United States
21 Aug 09
Good for you for not having a credit card. A very smart move for not wanting one too. Keep it that way. Thanks for your comment.
@GardenGerty (99184)
• United States
21 Aug 09
We have no credit anymore. At this time, we are lucky, and are fully employed. However, we did end up in your position a few years ago, and for six months no one would even interview my husband.To make matters worse, we even believed some of the money making schemes and scams online. We lived off of my credit, established during a previous marriage. We got to the point we could not even make minimum payments, and hubby was supposed to pay the bills but did not, because he did not know which one to pay or not pay. He was not careful to make sure they were paid on time. The interest rates went up awfully. We are just now in a position to start paying things off. We have some judgments against us. We had some medical bills when uninsured. My advice to you is to economize as much as possible, earn money any way you can, make those minimum payments and do not pay them late. Things will turn around. Just do your best to stay afloat.
• United States
21 Aug 09
WE are trying really hard to stay afloat. Every week it seems to be getting worse. He is in the local union hall, and is an equipment operator. He called them yesterday and they are telling him things are starting to pick up and it shouldn/t be much longer now. I hope they are telling him the truth. It has my hopes built up. I want to pay off and close out these stupid credit cards.
• Philippines
21 Aug 09
As much as I wanted to have a credit card to catch up the times that we don't have the money to go for grocery, but I am not given the chance to have one. Which on the other hand makes me feel good because the mere fact that these credit cards have high interest rates and with the kind of salary I have, I don't think I could pay the debt at the right time. But luckily for us, we have a family friend who is also our neighbor who owns a small grocery store who would let us get grocery goods and just have it list in a notebook. She would just let us pay her during our payday.
• United States
21 Aug 09
You should be very happy that you don't have a credit card to fall on. Sometimes I wish I didnt have one at all. I can charge a 100 dollars on it and the payment is 35. In reality Im only getting at the moment 85. It is a nasty circle that Im trying to get out of. Thanks for your comment.
• United States
20 Aug 09
I only own one credit card and I've actually never used the thing. It's there for emergenices only. I've had it for several years too. I'd like to think I have pretty good control being able to hold off and NOT use the thing. I really work hard on not over extending how much money I end up paying a month. I really try hard to avoid buying anything that I don't need so I'm not wasting money so I can afford to pay for other things that are more important.
• United States
21 Aug 09
I have 4 that are low credit limits. I haven't max none of them out. I try to use one at time, so that I still have one for emergency. I pay the payment each month and that gives me back the amount that I charged. I know it is a circle that I can't get out of right now. Thanks for the comment.
@doormouse (4619)
20 Aug 09
my credit limit on my card isn't very high so i can't use mine as much as i need to,i use mine mainly for petrol and odd bit and peices i need
• United States
21 Aug 09
Neither do mine. I just use them for groceries and that is it. With there just being two in the household we limit to what we eat. Not a lot of extra stuff just the bascis. I use one card at a time, By doing this Im not maxing out a certain card. Although I will say that they have gotten pretty low. Thanks for your comment.
• Philippines
20 Aug 09
i used to have one before and its only a big problem to me... like if you have credit card your tempted to buy things thinking that your not giving out money in one pay.. sometimes its hard to give or pay big money one time. and we are thinking that in credit card, we can pay whatever amount as long as you can pay it in full on or before expiration date.. sometimes we missed to pay monthly due to we have another bills to pay and very important than credit card bills. but if we could only think about the interest... it looks like.. were just paying the interest and not the amount we originally owed... of course we cant tell the future... like if lost our job or if there's something bad happened to us.. and the interest will keep on getting higher and higher.. aside from the fact that someone will going to threat you and keep on giving you a never ending calls of when we will going to pay and etc that will only add problem to us... so after i paid it i closed it immediately.. my life was so easy before as i even have bank savings but everything was gone bcoz of credit card... it might help temporarily but at the end... it might kill...
• United States
21 Aug 09
Credit cards are a dangerous thing to have to depend upon. At this moment I really don't have a choice but to use them. I only buy grocies with them and nothing more. As soon as my hubby gets back to work then the first bill is to pay off the cards. I honestly have one too many and want to pay off and close out too.Thanks for your input.
20 Aug 09
Luckily we arent having to resort to credit cards, i only have one and it has a pretty low limit anyway. I have however been putting a few pounds away here and there as an "emergency fund" and if i am short on money i will just pull a little bit from there. I got into a lot of debt a few years ago so i try my best to avoid it now. Both myself and my partner are employed though so we do have money coming in.
• United States
21 Aug 09
I am ever so glad that you are doing okay with your finances. I hope that things my way will get better. I hate to say they can't get worse. Im sure anything is possible. I just hope that my husband will get called back out real soon. Thanks for you comment.
@gossipzz (500)
• Canada
20 Aug 09
I can relate to that. There have been some time when we have had to use the credit card for daily things. I try not to use it as much because when I am paying back the credit card we are paying more than we spend on the credit card. Try and avoid credit card. It is the best thing you can do. Happy saving and happy lotting.
• United States
20 Aug 09
That was the one thing that has bothered me more than anything. I spend 50 on the card and I end up paying back 60 for example. We are too far into it now to not use them. I make the card payment and then have to use it again to get us thru to the next unemployment check. It's got to get better.
@dawnald (84148)
• Shingle Springs, California
20 Aug 09
Due to medical bills and other things, the credit cards are out of control. If we were unemployed, we'd be maxing them out so fast, we wouldn't be able to use them unless we did some MAJOR cuts.
• United States
20 Aug 09
I know what you mean. It just isn't right to have to use those cards just to survive. The prices just seem to be going up and there still isn't any improvements on the job industry. I hope things will break real soon.
1 person likes this