Comments on: The Plastic Generation http://moneyning.com/debt/the-plastic-generation/ A personal finance blog where we share insights on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom! Mon, 15 Mar 2010 22:13:24 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: marci http://moneyning.com/debt/the-plastic-generation/comment-page-1/#comment-7466 marci Fri, 04 Jul 2008 17:47:29 +0000 http://moneyning.com/?p=952#comment-7466 I've always been a Cash Only person until recently I was finally convinced to get a debit card attached to my checking account... I'm still scared to death of it, (losing it - but it's attached to an account that only keeps $1000 or less in it). I'm getting used to it, but still like cash for the everyday things. It's nice for out of town big buying trips tho, like Costco and Bimart, when I used to carry a lot of cash for the day. My 2 exceptions to always pay cash: 1. a house... but make sure you can pay it off in under 10 years was my personal deal, even with a 30 yr mortgage. That way I knew I would not buy more house than I could afford. The last house I paid cash for tho. 2. A new car - a 2 year payoff on that for me - even with a 5.5 yr payment schedule. Those are just my personal rules. My truck was bought used, and therefore, I paid cash. Good blog and good advice! And Happy 4th of July! :) I’ve always been a Cash Only person until recently I was finally convinced to get a debit card attached to my checking account… I’m still scared to death of it, (losing it – but it’s attached to an account that only keeps $1000 or less in it). I’m getting used to it, but still like cash for the everyday things. It’s nice for out of town big buying trips tho, like Costco and Bimart, when I used to carry a lot of cash for the day.

My 2 exceptions to always pay cash: 1. a house… but make sure you can pay it off in under 10 years was my personal deal, even with a 30 yr mortgage. That way I knew I would not buy more house than I could afford. The last house I paid cash for tho. 2. A new car – a 2 year payoff on that for me – even with a 5.5 yr payment schedule. Those are just my personal rules. My truck was bought used, and therefore, I paid cash.

Good blog and good advice!
And Happy 4th of July! :)

]]> By: FDIC Certificates of Deposit http://moneyning.com/debt/the-plastic-generation/comment-page-1/#comment-7454 FDIC Certificates of Deposit Fri, 04 Jul 2008 02:05:21 +0000 http://moneyning.com/?p=952#comment-7454 For those who don't want to carry around cash, use your Visa Check card. It comes right out of your checking account. In addition, some institutions are even paying rewards on these cards. We just signed up with a credit union in our area that does. It isn't a lot, but it is something. For those who don’t want to carry around cash, use your Visa Check card. It comes right out of your checking account.

In addition, some institutions are even paying rewards on these cards. We just signed up with a credit union in our area that does. It isn’t a lot, but it is something.

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