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Worth reading: http://forums.ebay.com/db2/thread.jspa?threadID=520028215

There's no accounting for taste, or a lack thereof... Personally I think it's nasty, but to each his own. It's still better than some of the rustbuckets some of these cars have turned into...

This may actually be a valid approach going forward if the US laws and economy go the way some people want them to: http://www.youtube.com/watch?v=6wS5xOZ7Rq8

See the chart posted above, they are taking a risk to grab some of that larger income down the road. When a $24,000 a year working guy defaults on a card, most of the time that debt becomes completely uncollectable. They guy doesn't have, nor will likely ever have the assets you could take to...

From the credit card companies perspective, it's good business. Look at the differences between the earning potentials of non college to college graduates (Numbers from the 2000 census, they are proportionately higher now, but the ratios stay about the same): Average Annual EarningsEducation...

That's why I suggest using it the way I described above. Regular use, with occasional "major purchases" paid off over a relatively short period of time. It shows that even though you have available credit, you use it wisely, and finance larger purchases as needed, but since they are paid off...

Congratulations! You just did yourself one hell of a favor. Just don't run the balances up again. Maybe this will help: Length of history is something you want. If you have a card for 5 years, then cancel it, it's got a 5 year history. If you keep it for 3 more years and just don't use it...

I picked 18% as a median rate. Some people who have PM'd me about this have 23% rates. Some of these cards give you a "low" rate, but if you are late on one payment, the rate jumps to 27.99% or something ridiculous like that. But it's not the company's fault, it was right there in the contract...

Or use a piece of software like Quicken (that's what Theresa and I use) - you can even download transactions into it, set reminders, schedule payments, etc. ;)

This helps. Start small, establish good history, there's really no other way. All the "quick credit fix" schemes I've seen are scams, illegal or both. Of course. It's a valid approach, it all depends on the reasoning. Whatever works for you. I go for the highest rate debt as that's the one...

If we were less disciplined, I'd do something like that. But it's just a matter of self control. Ours are locked in a safe to keep them from being stolen, not to protect them from us. Just not having them in the wallet is the key.

After you are debt free, the next step is to get 3 - 6 months of living expenses in savings. This helps isolate you from losing a job or other problems. This means you can continue to live normal, and stress free while looking for work. This helps, as desperation is something people can sense in...

Since Theresa is so much younger than me (15 years), she sometimes can give me a different perspective. In this case she pointed out to me that they didn't teach this to her in high school like they did when I went. In fact she said that that college is the first time they bring this stuff up...

Depending on what "financial league" you are in, you can adjust that $1 to what suits you. If you're really just scrimping by, do it only with change. If you're doing very well, set it at $10 and drop the $5's and $1's into the jar. You'll be stunned by how much is in that jar a year later, and...

In light of Theresa's Money Saving Thread, I thought I'd post something about debt management, and how I think you should look at your debts, and why you should work to eliminate them. I'm not a financial planner - this is just my experience, take it for what you think it's worth. First, debt...

Use the search button. Worry about making the car reliable before you mess with it. Switch to firefox and use the spell check feature. Read this: :1zhelp:Want free high end technical assistance?:1zhelp:

A note about using quicken. Put all your planned and recurring bills into it, and USE THE CALENDAR FEATURE! It graphs available cash, here's an example. You're looking at it and you realize, damn, at my low point I've got $1,200! I can go spend $1000 on whatever the hell I want...

You won't regret it. We did the same thing for the drag car with the Motec: You really can't see the harness at all in these pics. We wanted it to look clean, so only the necessary wires are there.

I made a carload of kids pick up all their trash in the local parking lot of a Taco Bell not too long back as well. I can't stand litterbugs.

Hey I sometimes use my assholery as a power of good. Remember the guy at the Kroger Deli Counter? This is what shopping with Supracentral is like: We walk up to the deli counter, this guy is giving the girl behind the counter a ration of shit because they are out of the Kroger brand...