[wheelworks]

I've basically set down a set of rules for myself. As long as I follow the rules then I'll be debt free for the rest of my life Insha Allah.

# 1 is to stay away from credit cards even if I'm 100% convinced that I'll be using it as a debit card

[heba]

i just spent $200 or something. and my whole paycheck is gone. i just got paid on friday. basically, im poor for another 2 weeks

[wheelworks]

Originally Posted by heba

i just spent $200 or something. and my whole paycheck is gone. i just got paid on friday. basically, im poor for another 2 weeks

You get paid semi monthly? I get paid every month

[jinnzaman]

I'm $160,000+ in debt after this semester.

Let the drug dealing begin!

[Sugarberry]

I love how i have 20 dollars to my name right now...and I think im rich.

[sally]

Originally Posted by wheelworks

You get paid semi monthly? I get paid every month

people can get paid weekly, once every 2 weeks, once a month..you didn't know this?

[wheelworks]

Originally Posted by sally

people can get paid weekly, once every 2 weeks, once a month..you didn't know this?

I was rather pointing out that she's still complaining about not having money while being paid twice a month and that I get paid monthly and thus have to wait longer donchaknow

[Jack_Sparrow]

Aah I remember those days.

I used to be a shoe shiner
now I sip aunt jamima

[Spice]

Whats a broke?

(Alhamdulilah )

[sixpakistan]

Originally Posted by wheelworks

I've basically set down a set of rules for myself. As long as I follow the rules then I'll be debt free for the rest of my life Insha Allah.

# 1 is to stay away from credit cards even if I'm 100% convinced that I'll be using it as a debit card

+1

It always amazes me how people I know are willing to basically indenture themselves with debt for the sake of things they really don't need - especially since they're paying interest, though I guess that's not an issue for non-Muslims (aside from the financial implications of it). It's pretty much the normal American lifestyle these days.

Student loans are an exception, of course.. though it gets a little old hearing people complain about how theyre a gazillion dollars in debt, when they're expecting to go into a field where they're going to start off making a gazillion dollars a year.

[Ilikemyscarf]

Originally Posted by wheelworks

I've basically set down a set of rules for myself. As long as I follow the rules then I'll be debt free for the rest of my life Insha Allah.

# 1 is to stay away from credit cards even if I'm 100% convinced that I'll be using it as a debit card

Isn't credit card history required for major purchases?

[Revert]

Originally Posted by sixpakistan

+1

It always amazes me how people I know are willing to basically indenture themselves with debt for the sake of things they really don't need - especially since they're paying interest, though I guess that's not an issue for non-Muslims (aside from the financial implications of it). It's pretty much the normal American lifestyle these days.

Student loans are an exception, of course.. though it gets a little old hearing people complain about how theyre a gazillion dollars in debt, when they're expecting to go into a field where they're going to start off making a gazillion dollars a year.

Word.

However I do have and use a credit card, i have zero credit history (required for major purchases in the USA) this is the only way I can get my credit score up. I do ahve rules for my self though. Pay off the entire balance each month (which is usually somehting like $100 a month).

[Liam_Saiful_Din]

Heh...I'm so broke, a homeless guy came to me asking if I had any money to give him, to which I replied "I was gonna ask you the same thing!"

Lame, I know

[hockeychicka]

not broke at all Alhamdulilah.

bank of mom and dad is still open

[Waves]

I don't have any loans or debt to pay off alhamdulillah, but I'm not loaded either.