Owing Money

Thanks for your response. If you don't mind my asking, how much would those amounts you mentioned be equivalent to in US dollars? I'm just curious as I don't know the conversion. I should, but I don't. If you could please share, I'd appreciate it. Thanks again for your response. I also pay my mom for my cell phone bill. It's usually $25 (USD) per month, but this month it's $38.60 because I went over my minutes. Ugh...I hate that, don't you? (LOL) Take care!

About $220 and monthly payments of $60. I don't go over any more, this was at the end of my old contract and as I was going over so much due to texting, when I got a new contract I got one with an unlimited number of texts, so I now only go a few pence over, if I send a picture message or something.

I like the way you think! If you keep going over your minutes and allowable text message, I know a lot of phone companies have a better rate for services like that for people like us. I know I'm one to text and picture message like crazy. Don't know where I'd be without it! (LOL) I also use a lot of the minutes during the day. I'm on my parents' plan still, but I'll probably get my own eventually. It'll be a little more expensive, but at least I won't have to pay an arm and a leg every time I go over talking minutes (it's a family plan, so...ugh...lol - I don't have too many minutes for myself). Ha, ha. It'd be worth it to me to pay a little more and have more minutes for myself since I'd use them and get my money worth. Thanks for sharing your wonderful goal and changing things to work better for you. Great idea.

You seem like a very generous person, so I completely understand how others would owe you money rather than the other way around. The way gas prices are nowadays, I also understand you owing your brother money for gas! I'm glad you allow people to borrow and then (hopefully) pay you back with the money they owed you. Thanks for sharing your experience. If I could have my way, I'd never owe another person any money in my life. I don't like owing money at all! It makes me feel like I have so much debt. I wouldn't really want anyone else to owe me money either, though. It's hard to keep track of, and sometimes people aren't always honest, if you know what I mean. It's ironic that I'd visit this discussion again because I owe my mom about $50 for cell phone bill before I got my own. I also owe my fiance $1,500 for couches and parts for my car. It sounds like a lot, but my other friend owes me $300 for my laptop I sold him, and I'm getting $6,500 for my car when I sell it. So really, I'll be on top when everything is said and done! (LOL) I know that probably sounds crazy, but I'll be better off when all this is done with, so at least it'll all work out in the end. Thanks for posting!

Thank you my friend for your kind compliment,you are very welcome for the response my friend and I am always happy to share my opinions and experiences with you,and I agree it is a bad feeling knowing you owe someone else money,and I definitely agree that everyone is not always honest,and yeah it definitely sounds like you will be better off when everything is said and done,have a great day,good luck in your life, and Happy Posting.

Oh yes, I agree with you completely! Borrowing money makes me feel poor because I owe someone else so much of it. Actually, it's quite ironic that I would revisit this discussion because I owe my fiance $1,500! It sounds really bad, but out of the kindness of his heart (and because he had a really good job) he bought a couple parts for my car, which it badly needed and bought my couches for me until I had the money to pay him back. Fortunately, I'm selling one of my cars and will soon have more than enough money to pay him back. I've never owed anyone that much until now, but it's because I trust him, and he trusts me so it works out well. He's owed me money in the past, and I think it's an ok system since we're not charging each other interest or anything like that. We just trust one another to do the right thing. I'd rather owe him any day than owe the bank or creditor! (LOL) I like your system, though. That's very generous of this lady you buy from to trust you to pay her back in the same way. Thanks for sharing!

If you went off on a tangent, then it was a great tangent in deed! I hate debt as well and would do anything to stay out of it. Your ideas are great and many of which I stick to myself. I do have credit and debit cards; however, I'm so careful not to allow any charges (credit) to sit there more than a month so that I won't be charged a bit of interest. Why do I do this? Because number one, I've never paid interest or been late for a deadline. I need to build my credit, number two. The third and main reason (based upon the first two reasons) is because since I meet deadlines and don't pay interest on credit with which I use to buy things, I earn money off of them. Depending on how much money I spend, I could be making up to $50 per month just because I use my credit card. For people who have debt, they might break even getting the cash back rebate, but for me it's free money because I'm careful and good with my money! You're right about not going into debt for a want, though. If you want it and don't have money for it, you don't need it. If you truly need it, the money will come and you will be provided for. What a great way to look at spending cash, though. I don't usually carry cash very often, but I've never had such a wonderful reason described to me as to why paying with cash is so important. You seem like a very organized person, and I really appreciate you taking the time to share your methods with me. Your reasoning is right on track, and I know you're reaping the rewards of your decision and self discipline. Great job and keep up the good work! What an encouragement. I think there are plenty of people out there who need to read your response. Thanks again!

That's a great idea actually. Use one of the assets you have to pay off a debt. I couldn't have done better myself! As long as it's something you don't use or need any longer, unless of course, getting your debt paid off is more important to you. Good for you! I'm happy to learn that you figured out a workable solution and agreement with your dad in paying off your debt. I owed my dad about $300 as well because my laptop computer shut off, and I couldn't get it to turn back on. Come to find out, he sent it off to Gateway (without me knowing ahead of time) since it wasn't under warranty anymore and get it fixed. It was nice of him, but it would've been nicer just paying for it myself instead of owing him money. Oh well...he was doing something nice for me, and I paid it off no problem since I had the money already. I really liked my computer working! Thanks for your input.