Back to the way things used to be...

@gloryacam (5540)
Philippines
September 1, 2011 12:13am CST
Life was great. I had a job, I was studying in the night time for an advanced course and looked forward to a brighter future. I graduated, moved to a better job, and looked forward to a brighter, brighter future. And then, somebody put some plastic in my hand, and things changed since. The bible says (I think in the book of Job), "Woe to the day I was born!" I say, woe to the day credit cards were born. Now, I slave day and night to pay off debts. Ugh. What are your regrets in life? Things can still be changed, right?
3 people like this
8 responses
@inertia4 (28173)
• United States
1 Sep 11
What are my regrets? Well I have a few minor ones, nothing to brag about, then I have one big major one. And that one I have complained about before. I will not get into it now. But, I know how hard it can become to be in debt with credit cards. I was there and done that, no more. The best thing to do is pay them off and throw them away and never look back. Never bu something if you do not have the money to but it.
@gloryacam (5540)
• Philippines
5 Sep 11
I agree. The bad thing is that I've got so many of them I lost track of them. So, I'll pay them off and keep just one which I'd manage well from hereon. It's not totally bad, as I have a friend who manages her credit well, and I could learn a lot from her. Funny thing is (like most people) I'm actually good at teaching others how to manage their finances. But I can't do mine (what a fraud ) It's just that I do what I advise people not to do. But, that's dwelling in the past, so, lik you, I'd deal with it and move on. I'm glad I said this out loud in here. Feels good to just say it aloud and hear other peoples' opinions. Thanks!
@inertia4 (28173)
• United States
5 Sep 11
No problem, you're welcome. Sometimes we all have to learn the hard way even though we know what to do. But I think now you understand that credit card debt can get out of hand real fast. Remember, the banks just keep piling on the interest and it makes it close to impossible for anyone to pay them off. I do know one thing, they like people who have a balance on their credit cards because they make tons of money of of them with the interest. They really don't want you to pay them off.
@inertia4 (28173)
• United States
6 Sep 11
Thats great, good for you. Don't let them get the better of you ever again.
@bounce58 (17439)
• Canada
5 Sep 11
Although having that 'plastic' on my hand could be one of my many regrets, it isn't the biggest one. There are others that I dare not open up in this discussion. But I just like to point out that even though this is not THE biggest one, it is the one that has the most effect, as I too find myself slaving away just to pay it off.
@gloryacam (5540)
• Philippines
7 Sep 11
It does have the biggest effect on me, too. I hope we could all get out of this rut we're in. I have learned my lesson well, and I hope I won't go through this again in the future.
@bounce58 (17439)
• Canada
7 Sep 11
Unfortunately for me, this is a lesson that I have to keep re-learning. But it helps to have a plan. I just hope I could stick to it!
@gloryacam (5540)
• Philippines
7 Sep 11
Well, we fall, we rise. We fall again, we rise again! And, you're right, it helps to have a plan. I do hope the best for you, as well as for me, too.
• Canada
1 Sep 11
Im so sorry that happened to you. I think they should teach kids in school about credit cards and the dangers looming!! I did the same when I got my first job, went on a shopping rampage for xmas and ended up with a huge amount to pay back. The secret is to transfer this amount of money you owe to a bank loan at a much lower interest rate. Then you can keep your card, but use it only if you know you can pay the bill in 30 days. Or for emergencies. Good luck!
@gloryacam (5540)
• Philippines
6 Sep 11
I'm considering that, too. Bank loans do have a much lower interest rate. And, yes, I've learned that from my friend - she pays the bill within 30 days, so she doesn't get charged with interest. I guess, I had to go through it to learn these lessons. I agree, too, that kids should be taught how to manage not just credit cards but their finances. Lots of adults move through life not knowing how to deal with their finances.
1 person likes this
• Canada
6 Sep 11
They say that we learn best by experience. This is one lesson you wont forget......I know I havent!! I know that a LOT of adults have NO idea how to deal with their finances. Its a hit and miss thing with most.
@gloryacam (5540)
• Philippines
7 Sep 11
Oh, yes, I'll never forget this painful lesson. I have read the book Rich Dad, Poor Dad last week, and I've learned a lot from there. Says in there kids need to learn how to manages money at an early age. It's quite the opposite for me. They gave mo money very early, and I had a daily allowance. I was used to spending everything because I knew I would be having money the next day.
@peavey (16977)
• United States
1 Sep 11
We have to believe that things can still be changed. What is life without hope? I'm not struggling financially like so many others are right now, but I made some decisions that I'm not sure were the right ones and I am not happy about them. Changing things back may be impossible at this point, but I have hope that things will get better. We must have hope and we must keep on keeping on.
@gloryacam (5540)
• Philippines
5 Sep 11
I totally agree with you! Life would be drab if we lost hope. Thank you for reminding me that. There are a lot of things we do regret about the past, but, I guess it's time to move on, and hope for the best.
@peavey (16977)
• United States
5 Sep 11
Exactly. Things will work out, although not always the way we thought they would.
@gloryacam (5540)
• Philippines
6 Sep 11
Yup, perhaps life is teaching us to be more flexible or adaptable to various situations that's why we constantly have these 'surprises' in life. But, I do believe "All's well that ends well."
@cat003 (33)
• United States
2 Sep 11
Will it ever be the same in my life time? I sure hope so. Like so many, we all have had bad times. When the economy was good we spent like there was tomorrow! Did you save for a rainy day? The biggest regret I have is not saving for a rainy day. I should of listen! So I would say please save for a rainy day!!
@gloryacam (5540)
• Philippines
7 Sep 11
That is so right. That's one thing I have to work on, too. As of now I have very little savings that won't be enough. It sure feels good to be alive and be able to hope for a better tomorrow!
@Dominique25 (9471)
• United States
1 Sep 11
I believe you that credit cards are horrible. I'm so happy that we don't have one. Things can be changed. Don't use your credit cards and continue working hard to pay off your debit. A site called christian personal finance has great ideas for paying off your debit and saving. I encourage you to go there today and read some info about debit. You will feel much better about your situation. My regrets in life are that i wish i would have waited longer to make certain decisions and made other ones sooner. I guess time will tell which ones i really regret.
@gloryacam (5540)
• Philippines
7 Sep 11
Thanks for the suggesttion. I will go there and read about it. There are times that we really regret our decisions, so I think that we really have to think about things before we do with the decision.
• United States
1 Sep 11
Life has a way of getting in the way of our plans. I don't have any credit cards, but i have debts.. mostly hospital and doctor bills that the insurance doesn't cover. Luckily my credit score is good enough to have a loan when I need one.
@gloryacam (5540)
• Philippines
5 Sep 11
That's one thing I'd like to work on, too, having a good credit score. I hope I can totally fix this mess I'm in. I guess that life is just like that and it is up to us to learn the skills to cope with whatever comes up.
• United States
1 Sep 11
Hi glory! Long time no see my friend! Yes life certainly has it's way of changing in a split moment. I have over 150K in college loans and worked in my field for a long time and bang the company closed. I don't have credit card burdens but I do have the loans, no longer own my home and still looking for work. There will be light behind my hidden tunnel someday so we continue trying harder to get through it with determination. I honestly do not have any regrets because I did the impossible to be where I am today. I was a single mother going to college and raised two wonderful kids, so all I am going through must have a lesson somewhere. Be well my friend and I miss you.
@gloryacam (5540)
• Philippines
5 Sep 11
Hi! I miss you, too! I hope we all find the "light at the end of our tunnels". It's a terribly long tunnel, don't you think? Sometimes, the darkness gets to us. But, I'm glad I could share all these things here at MyLot and somehow feel a certain degree of relief just saying out loud my thoughts. I hope you are well, too. Oh, BTW. It's a good thing I haven't quit my day job (even though I hate it so much, you know that) because it turns out my night job is very unstable. We're on a per project basis, and all I've got are very quick projects lasting 2 days to just a week, so most of the time, we're floating. I cannot imagine if I had quit my day job and get only a few working nights in the other job! I console my self with the thought that I may still need to learn some lessons here, that's why I can't get out just yet. Glad to hear from you!