It became bragging when you added the envy part. It also part of a pattern. But I'll drop it.
Yeah, that's one of the pages that came up.
There's another quote there that is pretty suspicious. "The only good is knowledge and the only evil is ignorance." My understanding is that Socrates didn't explicitly link the two in a sentence. At the end of protag,he links virtue to knowledge, and it's pretty clear throughout his dialogues that "the good" is knowledge, but I don't think he explicitly said it.
Anyway, plugging that quote into google brings up many pages attributing it to Herodotus and a few attributing it to Diogenes.
Anyway, back on topic: I really don't understand how some people get into debt. I know someone who works at a debt collection law firm, and she tells me that the most common things she sees are medical bills and gambling. Loss of job is also up there.
But 16 credit cards per household is really out there. I just have to wonder: why? What is the point?
Well when I think about it we have about 4 credit cards. Of course 2 of them are a gas card and a Home Depot card which we use to track rental expenses. I guess things like that can inflate the number of cards people have.
I have seen plenty of folks that have say a credit card or three, then a gas card, home equity line of credit card, a couple of store credit cards (Home Depot, Best Buy, Sears, etc.) and especially women seem to like the clothing/department store cards.
I bet the number is a bit inflated too because someone will open a line of credit to get something on sale or no payments for an amount of time, and then just not close it.
I have seen plenty of folks that have say a credit card or three, then a gas card, home equity line of credit card, a couple of store credit cards (Home Depot, Best Buy, Sears, etc.) and especially women seem to like the clothing/department store cards.
I bet the number is a bit inflated too because someone will open a line of credit to get something on sale or no payments for an amount of time, and then just not close it.
more than that, i have 2 credit cards in my wallet. i've cancelled all others years ago, and never used them once in years.
so when we went to buy the house i ran a credit check on myself to make sure there was nothing weird on my credit history.
i had 11 "active" credit cards listed even though the accounts had been closed for years. i have no way to cancel them now, i don't have the account numbers or any way to contact the companies and tell them to close the account.
i'm sure most of those date back to when i was in college and they would give out t-shirts or cash to sign up for credit cards.
I have 3 credit cards, totaling a whopping $1500.00 in debt. I have a student loan debt of 3000 and an Appleloan debt of another 3000 and I am applying for another student loan for the amount of 6000. If my credit card debt stays the same then I'll approximately 13500 in debt when I'm done with school. Luckily my car is paid off, but I own nothing that is earning me money, all my assests are depreciating in value, except my signed copy of House of Leaves, also my debt probably exceeds my assest value. I feel sick. I'm a pauper.
Comments
Originally posted by giant
It became bragging when you added the envy part. It also part of a pattern. But I'll drop it.
Yeah, that's one of the pages that came up.
There's another quote there that is pretty suspicious. "The only good is knowledge and the only evil is ignorance." My understanding is that Socrates didn't explicitly link the two in a sentence. At the end of protag,he links virtue to knowledge, and it's pretty clear throughout his dialogues that "the good" is knowledge, but I don't think he explicitly said it.
Anyway, plugging that quote into google brings up many pages attributing it to Herodotus and a few attributing it to Diogenes.
Anyway, back on topic: I really don't understand how some people get into debt. I know someone who works at a debt collection law firm, and she tells me that the most common things she sees are medical bills and gambling. Loss of job is also up there.
But 16 credit cards per household is really out there. I just have to wonder: why? What is the point?
Well when I think about it we have about 4 credit cards. Of course 2 of them are a gas card and a Home Depot card which we use to track rental expenses. I guess things like that can inflate the number of cards people have.
I have seen plenty of folks that have say a credit card or three, then a gas card, home equity line of credit card, a couple of store credit cards (Home Depot, Best Buy, Sears, etc.) and especially women seem to like the clothing/department store cards.
I bet the number is a bit inflated too because someone will open a line of credit to get something on sale or no payments for an amount of time, and then just not close it.
Nick
Originally posted by bunge
I'm glad you at least caught my 'bitters' joke.
Well I will have to fess up to looking it up, but I did get it after that.
Nick
Originally posted by trumptman
I have seen plenty of folks that have say a credit card or three, then a gas card, home equity line of credit card, a couple of store credit cards (Home Depot, Best Buy, Sears, etc.) and especially women seem to like the clothing/department store cards.
I bet the number is a bit inflated too because someone will open a line of credit to get something on sale or no payments for an amount of time, and then just not close it.
Nick
good point.
so when we went to buy the house i ran a credit check on myself to make sure there was nothing weird on my credit history.
i had 11 "active" credit cards listed even though the accounts had been closed for years. i have no way to cancel them now, i don't have the account numbers or any way to contact the companies and tell them to close the account.
i'm sure most of those date back to when i was in college and they would give out t-shirts or cash to sign up for credit cards.