Frugality

[fried1765]

Oooweeee, them boys from Carolina are good! Hit the nail on the head... Dad has never even owned a credit card.

Come on up to the Clemson area, Duffer, and I'll put them donuts and coffee on my gold card:thumbsup:

I am not at all sure being frugal necessarily has anything to do with the use of a credit card.
I am 78, and use one of two credit cards for everything!

I pay both cards off in full within the interest free grace period.
One (no fee) card gives me 5% cash back on gas, grocery store, and drug store purchases, up to $400 max. cash each year.
The other card ($65 yearly fee) gives me 2% cash back on absolutely everything I buy. No yearly limit.

Last year I got a total of just over $1000 cash back, paid the $65 fee, but paid zero dollars interest.
I love my credit cards!
They make me money!

 

[bunyip]

We have a few market gardens closeby and often see fresh produce on the road near a pothole the driver has hit, all bundled up and ready for the shelf, bit of variety and good quality if you are the first following vehicle.
The small trucks have big wooden crATES that are stacked a bit too high, still waiting for leeks but they don't seem to fall off, plenty of baby carrots, broccolini, radish and leafy asian veges.
Will probably get hit by a pumpkin with my luck.

 

[Industrial Toys]

Just waiting for the BBQ Asparagus season!

I too use my CC for everything. Points bought Cedar shingle for the front of my drive shed and underground water pipe.

I always pay it off. Well last year, I paid it early, then thought I had paid the next one, and man did I pay dearly for that! Good le$$on, never to let that happen again!

 

[Oaktree]

I am quite certain you cannot plant, grow, fertilize and cultivate and pick, prepare and can green beans for what you can buy them for in the store each day every day. And I cannot tell that our canned green beans are any better than the ones you buy in the supermarket. We don't can green beans. I don't think you can do most vegetables yourself compared to buying them.

It's not always just about the price. Those home-canned vegetables aren't gonna have the excess sodium, preservatives and who-knows-what-else that the store ones do. And the jars are re-usable as opposed to creating more trash for the landfills.
I'll can beans, beets and tomatoes, pickles too. Don't particularly like tomatoes...never eat them raw, but they're great in home-made spaghetti sauce or other dishes.

Up front cost on canning (buying the canner & a supply of jars) is a bit much, but over time it pays off. Most of the jars I have I've scrounged at the dump or at flea markets.

The other card ($65 yearly fee) gives me 2% cash back on absolutely everything I buy. No yearly limit.

Last year I got a total of just over $1000 cash back, paid the $65 fee, but paid zero dollars interest.
I love my credit cards!
They make me money!

I must have missed the smiley. You were kidding, right? "the more you spend the more you save!!"

I would never pay a yearly fee for a credit card.

 

[bunyip]

I have a credit card that gives me 1 point for every $1 I spend, 20,000 points and I get a $100 shopping card, I get about 5-6 a year, no fees and I always pay on time so no interest, I would use a debit card but as I work in health and allied industries we get a tax benefit but we have to direct the benefit to a debt, as I have none I got the credit card so it's a win win.
I pay absolutely everything on the credit card but will not do a cash advance as they charge a high interest ratye for that so I just withdraw from my bank account when I do need cash.

 

[Industrial Toys]

I pay way too much of an annual fee. But I got it when I routinely went to the States and had Medical Insurance from the card. I slso get extended warranty on all purchases. Maybe time to revisit the matter.

 

[bunyip]

My credit card offers free travel insurance if you get the 'platinum'card, it has a minimum credit limit of $6200, I made the application and thought this would not be a problem but it seems that I was not a worthy customer, I am debt free, high income, good health, no judgements re finance, no bad debts but for some reason I failed to meet their criteria so I got the ordinary credit card with a $6100 limit:laughing:
The motive is just so transparent, just get them in and have them paying the 19.9% interest (they claim to be one of the few offering under 20%) but I do get 'up to' a 55 day interest free period but you have to really watch the calendar to get the full 55 days as it is a trap for those who think it is 55 days from the spend date, it isn't, it is from the first day of the billing period to the due date so it can be as low as 28 days depending upon the month.
It is a con that is legal and makes them a lot of money, the card is a supermarket card but is financed by one of the big banks, I view it as a walk through a minefield and you have to be ever alert to all the booby traps along the way.
The banks take your money it is a fee, if I did it it would be stealing.

 

[Lnk]

My credit card offers free travel insurance if you get the 'platinum'card, it has a minimum credit limit of $6200, I made the application and thought this would not be a problem but it seems that I was not a worthy customer, I am debt free, high income, good health, no judgements re finance, no bad debts but for some reason I failed to meet their criteria so I got the ordinary credit card with a $6100 limit:laughing:
The motive is just so transparent, just get them in and have them paying the 19.9% interest (they claim to be one of the few offering under 20%) but I do get 'up to' a 55 day interest free period but you have to really watch the calendar to get the full 55 days as it is a trap for those who think it is 55 days from the spend date, it isn't, it is from the first day of the billing period to the due date so it can be as low as 28 days depending upon the month.
It is a con that is legal and makes them a lot of money, the card is a supermarket card but is financed by one of the big banks, I view it as a walk through a minefield and you have to be ever alert to all the booby traps along the way.
The banks take your money it is a fee, if I did it it would be stealing.

Yup, they can keep them. We taught our kids that spending money you don't have is foolish. There are thing that are acceptable to finance, like a house. We don't have a credit card at all. We have no debt. We have money and we are not millionaires. We are both middle class. The credit card offers we get, we use to heat our house in the winter time. If we go somewhere we carry our debit cards and cash. It is called planning ahead. We don't do anything without a plan. The big banks can fleece others, the cards that give cash back, do you ever find yourselves buying something just because you get a rebate? Just wondering....

 

[Industrial Toys]

I have never used a fraction of my limit yet they keep increasing it. That, I certainly don't understand. They are gonna be beat if I get diagnosed with an incurable disease. That's gonna be some party! :cool2: Too Bad, SO sad, he don't live here no more!

 

[bunyip]

On frugal, I had to pay up front for my fathers funeral, on the quote it had 'priest donation $600', I figured they had their hands in his pocket for a number of years so I told them to take it off as I was not paying a donation especially to an organisation that have recently had one of their highest ranking jailed for pedophile charges yet continue to support him.
A new quote arrived with "priest fee $600'.
I was not happy