How do you spend money? What are your spending habits?
January 13, 2010 2:12am CST
Good day to all myLotters! Well, we have seen quite an amount of posts these days discussing about ways and means to make money. How about we discuss about how we spend money? Do you do a lot of online shopping? Do you always buy on credit cards, even when you have the cash? Do you buy only when there is an offer? Do you always buy new stuff, never considering 2nd hand products?
• United States
13 Jan 10
I spend it very carefully. I normally have a plan of what I am going to buy, with very few if any impulse buys. I look for the best deals possible. Sales and everything like that. I only buy what I need to most the times, although I do admit, there are a couple of times where I bought something extra. When I use credit cards, I make sure the cash is put back in the checking account to cover it.
13 Jan 10
I think only have one credit card is ok, two much credit cards will make your life into a mess if you don't have a good management with them. My habbit of spending money is trying to save for small things but would easy to spend big money for large things hehe, my wife is on the contry to me. Now we have mortgage so we're trying to control our spendings together.
14 Jan 10
Right, at times like this when the economy is still not very good, and it's good to hear that both you and your wife are trying something to curb your spendings. With your efforts united, I am sure you can clear your mortgage in no time. All the best to you!