Frugal Living Today

I should start by saying that the entire concept of the holidays is beyond me.  What was once a spiritual and religious celebration has turned into a decadent spending orgy with the only true winners being the credit card companies who are charging ridiculous interest rates on all those ridiculous expenditures you just made.  If you think the U.S. is in a financial crisis right now, wait until January when the first of the credit card bills start pouring in.

If I have said this once I have said it a million times - if you don’t have it, don’t spend it.   It really is a simple concept, I just don’t understand why so many people find it difficult to grasp.

Credit is not money.  Credit is debt.  Stop using credit unless you can afford to pay the entire balance when the next bill comes in.