I am so Excited!!

@celticeagle (135239)
Boise, Idaho
August 5, 2022 2:45pm CST
I have been struggling financially for several years now. Being on Social Security I live on a shoestring. My daughter is on SSI and so she shares in the bills but I pay for groceries. It has been so hard to get enough groceries to last the month. It is so frustrating to do without. We had been living on $300 a month for several years. A couple of months ago I broke down and added $100 making it $400 a month for groceries for three people. There are three of us and that doesn't buy food for us to have a very good diet. I mean Ramen noodles and tuna fish in the second half of the month gets SO old after a while. It seems that no matter how I buy groceries would only last for about 2-3 weeks and not the entire month. Ugh! So, today I made the decision to try to get a credit card through my bank. My FICO score had gone up substantially and I felt like I was in a good place. I felt pretty good about it. I sometimes would break down and get a short loan that would be paid off over three months. That got old. Well, I got the card. I haven't had a credit card in so long. Now I must be very careful and use it wisely.
17 people like this
16 responses
@louievill (29105)
• Philippines
5 Aug
You are right when you said " Now I must be very careful and use it wisely." it's suppose to be a life line but a lot of people with little or no financial literacy get into more trouble having one.
6 people like this
@celticeagle (135239)
• Boise, Idaho
5 Aug
I have some good financial experience. I can only hope I don't get into trouble.
3 people like this
@louievill (29105)
• Philippines
9 Aug
@aninditasen it's trouble for people who do not know how to use it but it could also save you in emergency situations. Yes always pay the whole amount when it's due and not just the minimum. Do not buy things that you don't really need and would have a difficult time paying.
3 people like this
• Raurkela, India
9 Aug
Credit cards definitely create trouble.
3 people like this
@RubyHawk (67460)
• Atlanta, Georgia
5 Aug
You have my best wishes I hope the credit card works out well for you. I’m so careful with mine. I want to be sure I can pay it off each month. Interest can add up fast.
4 people like this
@celticeagle (135239)
• Boise, Idaho
6 Aug
@RubyHawk .........I'll see how it goes with this one.
1 person likes this
@celticeagle (135239)
• Boise, Idaho
6 Aug
Yes, the interest will add up quickly. I know that I have to be careful.
3 people like this
@RubyHawk (67460)
• Atlanta, Georgia
6 Aug
@celticeagle That always bothers me just to think about it.
1 person likes this
@sissy15 (10981)
• United States
6 Aug
Do you qualify for food stamps? That would help you if you did. My husband and I pay about 300 to 350 every other week for food and even that doesn't always last with the way grocery prices have gone up. My son is going through a growth spurt and he eats a lot and I have had to get on him about not eating all the time because it gets expensive. He doesn't starve. I know he eats but he acts like he never gets enough. When he is in school he never eats this much. During the summer our food bill always goes up. I told him if he doesn't eat like that in school he doesn't need to eat like that at home. It's sad that I have to be that way but the way the prices have gone up has made things terrible. I was shocked when we got what used to be 100 dollars worth of groceries for about twice that. I feel like half of our money just goes to food. As much as I'm going to miss being on break part of me is happy I'll be going back to work soon so I can help contribute money. We aren't hurting on my husband's salary but the added money definitely helps. We got a food card for my son for the summer which is part of some program they're doing due to the pandemic but didn't get it until like a week ago so we are just going to use it for his school lunches since the price of school lunches at the middle school went up and he isn't able to eat half of the stuff they have due to his diet he is on for reflux. The card is like a drop in the bucket but it'll help some. We make way too much to qualify for any sort of assistance because while prices of everything have gone up they haven't changed any income requirements. Three years ago my husband and I would have had it made financially but now it's almost like starting all over again.
2 people like this
@sissy15 (10981)
• United States
6 Aug
@celticeagle That's understandable. Not everyone wants to deal with the hassle of food stamps and I get it but sometimes it's worth it for some people. It was worth it when my son was a baby and we didn't make as much as we do now because the price of formula was ridiculous even then and even with WIC we still had to buy some either out of pocket or with food stamps.
1 person likes this
@celticeagle (135239)
• Boise, Idaho
7 Aug
@sissy15 ........I've had them in the past too. Just don't want to go that route. I remember having WIC and how thankful I was too. My daughter and her two children.
1 person likes this
@celticeagle (135239)
• Boise, Idaho
6 Aug
We probably would but for the meager amount, we would probably get it not worse it to us to have another place on us with more rules. We already have Housing. Grocery prices have sure gone up. Growing kids need the nutrients but it is costly. I'm glad all our kids are grown.
1 person likes this
@LeaPea2417 (34502)
• Toccoa, Georgia
5 Aug
That's great. Yes, we need to use them wisely.
3 people like this
@celticeagle (135239)
• Boise, Idaho
6 Aug
And, I will sure try to do just that.
3 people like this
@NJChicaa (107950)
• United States
5 Aug
I absolutely would NOT use that credit card for groceries. The interest that you'll wind up paying will only make the $$ issues worse. Have you looked into local food pantries at churches and places like that in your area? Have you read @TheSojourner 's posts about frugal grocery shopping and meals? She is an absolute master in that area. What kinds of foods/meals do you enjoy/eat/want to eat? How do you make them? @TheSojourner is very creative but other members here might also have ideas to help.
3 people like this
@celticeagle (135239)
• Boise, Idaho
6 Aug
Yes, we know the area very well and know the churches and such that have food pantries. There are a couple here close by. We use them when we need to. Yes, I have read @TheSojouner 's posts and enjoy them a lot. If I were doing the cooking I could economize and do quite well. But I am not and my daughter does as little as possible. That is part of our problem. Thanks for your input.
1 person likes this
@aninditasen (7848)
• Raurkela, India
6 Aug
In India people fear to use credit cards as the fees per month is quite high.
2 people like this
@celticeagle (135239)
• Boise, Idaho
6 Aug
That would be fear inspiring.
1 person likes this
@celticeagle (135239)
• Boise, Idaho
7 Aug
@aninditasen .......I do so hate interest rates.I know of none that are low.
1 person likes this
• Raurkela, India
7 Aug
@celticeagle Yes, that's fearful indeed. Paying the debt as well as meeting out the fees. The interest rates too are quite high.
1 person likes this
@GardenGerty (146399)
• United States
5 Aug
I hope it helps you smooth things over on the grocery front. Do you guys not qualify for food stamps, commodities, etc? We do not, but my sister and her friends often get more than they can use. It is not high end food, but it is nutritious and has some variety to it.
2 people like this
@celticeagle (135239)
• Boise, Idaho
5 Aug
We get food boxes when we need them. I don't want to get food stamps because then the state watches us so closely. Causes my anxiety to go up. We are already on Housing and they have enough rules we have to contend with.
1 person likes this
@kaylachan (35914)
• Daytona Beach, Florida
5 Aug
I'm so happy for you. They can be quite the life savers sometimes.
2 people like this
@celticeagle (135239)
• Boise, Idaho
6 Aug
Yes, they sure can.
1 person likes this
@jstory07 (122879)
• Roseburg, Oregon
5 Aug
Is your income to high to get food stamps and there should be food banks in your area. How about meals on wheels.
2 people like this
@celticeagle (135239)
• Boise, Idaho
6 Aug
We wouldn't get much and I don't want to get involved with Social Services. Causes me too much anxiety.
@sallypup (49296)
• Moses Lake, Washington
5 Aug
I hope you do well in this decision.
2 people like this
@celticeagle (135239)
• Boise, Idaho
5 Aug
I hope so too. I am just so tired of not having enough.
1 person likes this
@LindaOHio (99898)
• United States
6 Aug
Yes, don't get carried away with your new credit! Interest rates are really high on balances. Good luck. Have a good weekend.
2 people like this
@celticeagle (135239)
• Boise, Idaho
6 Aug
That is why I added the last sentence.
1 person likes this
@porwest (55533)
• United States
9 Aug
Ouch. Not to be a naysayer, but credit cards never serve someone strapped financially well, and mostly it only causes more frustration. Most people SAY they will use the cards wisely. But most people don't. I hope it does help you, though. I don't want to poo-poo you. But one does wonder if one can't afford to buy something without credit, how does one afford to pay more for something when you factor in the cost of the interest? Keeping it in mind as well that most people only ever pay the minimum payment, which means if you only paid the minimum it would take 30 years to pay the debt off. Just some things to take to the bank. Again, not poo-pooing you!
1 person likes this
@celticeagle (135239)
• Boise, Idaho
9 Aug
You are totally right.
1 person likes this
@celticeagle (135239)
• Boise, Idaho
11 Aug
@porwest ........Probably will but I am up for it.
1 person likes this
@porwest (55533)
• United States
9 Aug
@celticeagle I wish you all the best. Borrowing money is just rarely ever a solution for not having it. Just causes more problems. I will keep my fingers crossed you will be the exception to the rule.
1 person likes this
@Nakitakona (51056)
• Philippines
9 Aug
You must use it wisely. Those who are credit card holders do a lot of shopping impulsively and regret later of too much interests.
1 person likes this
@celticeagle (135239)
• Boise, Idaho
11 Aug
I have missed out on a lot of stuff and can now get some of it.
1 person likes this
@celticeagle (135239)
• Boise, Idaho
12 Aug
@Nakitakona .......I'm sure I will a little. Just hope it doesn't become too much of a thing.
1 person likes this
@Nakitakona (51056)
• Philippines
12 Aug
@celticeagle Hope you won't impulsively buy things on credit.
1 person likes this
@Aiana18 (667)
• Belo Horizonte, Brazil
5 Aug
Here in Brazil we usually stock up on food. We shop for 2 or 3 months sometimes. When the family is small, you can use this method. There we buy meats and fruits and vegetables on the outside if necessary. Spending on food has gone up a lot in Brazilian supermarkets. I'm buying the same amount and paying double what I paid.
2 people like this
@celticeagle (135239)
• Boise, Idaho
5 Aug
Prices here have gone up so much over the last two years. On everything. You are paying double for what you have been getting all along? That is horrible.
2 people like this
@BarBaraPrz (37645)
• St. Catharines, Ontario
6 Aug
Does the card have any added benefits, like cash back or points?
1 person likes this
@celticeagle (135239)
• Boise, Idaho
6 Aug
No. I went with my bank so I could be in good standing there. Cash back and points would be nice.
1 person likes this
@Shiva49 (24717)
• Singapore
6 Aug
Not easy but I think you are better off now with the credit card..
1 person likes this
@celticeagle (135239)
• Boise, Idaho
6 Aug
I think so too. Now I have more options.
1 person likes this