bozell wrote:store charge cards play a part in this whole mess you know! you can't buy anything today without being pressured to open up a store credit card to save a few dollars on that purchase.
everyone does it from target to sears they say open up a target credit card and save 10% today. i was at home depot and the salesperson told me 4 times i should open up a home depot credit card to save 10% on today's purchase and no interest for 90 days. i don't want a stupid home depot credit carD!!! can you believe that he told me four times to do it then tried using high pressure tactics telling me that in this economy it would be the wise choice to open that card so i could save money. this kind of mentality is the problem. no one is concerned with what they can afford. all they care about is how long they can go without interest and where what kind of discount they can get on today's purchase.
if you carry that balance for 6 months any savings from that one time 10% purchase will be canceled out!
It is so simple. Just tell the guy who is trying to talk you into it he should open the card under his name and you pay him 1.5% interest over the next 8 month. Then go and buy something for $15k and see if he likes it
Intellectuals solve problems. Geniuses prevent them.
- Albert Einstein 1879-1955