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Debt is dumb

February 10th, 2019 at 04:11 am

Yesterday, my sister and I was talking. I don’t know why but I got so angry when she told me she didn’t have any money to save so she uses her credit card for emergencies 🚨

I tried explaining to her that she needed to budget, look for areas to cut, but she insisted that the credit card method worked. I left it alone.

She’s terrible with money, owed me right now. But I’ve taken that as a lost. As she talked about why she uses the card and why it works I got more angry. I’m thinking, if you don’t have anything extra for day to day, how did you pay the CC bill when it comes? πŸ€¦πŸ½β€β™€οΈπŸ™„

Needless to say, I listened, got more angry, and kept my mouth closed. After speaking with her, it validated what I was doing was working and what I needed to continue to do.

Debt is dumb

2 Responses to “Debt is dumb ”

  1. Smallsteps Says:

    I think you are righto count any money loaned to her as a loss. Maybe she will surprise you and pay some. Many people do it like your sister using credit or loans.

    Most emergencies are not something that will be paid off soon so interest just keep piling on.

  2. rob62521 Says:

    Sadly, I think you are right that the money you loaned her is a loss. But it is also a way for you to say no if she asks you again saying you loaned her money and didn't get it back. You don't have to be ugly when you say it, just matter of fact.

    I'm sure she doesn't see the value of having money saved because credit is so much easier and less painful. But you know in the long run your way of paying off stuff and saving for stuff is so much smarter!

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