The Finances Thread

[Two Stacks]

This is probably going to flop but I was thinking why not have a thread about this shyt (unless there is one)?

Tips on building wealth, credit, staying out of debt etc etc?



At the end of the day we all wanna

right?

 

[DallasTxRep]

My tip would be to use your credit card for a weeks worth of gas or somethin u purchase regularly because that's was money u were gonna spend anyway, and just pay it back in full when your payment is due

 

[DallasTxRep]

But that's not ground breakin info, I'm sure yall already knew that

 

[Two Stacks]

My tip would be to use your credit card for a weeks worth of gas or somethin u purchase regularly because that's was money u were gonna spend anyway, and just pay it back in full when your payment is due

i pay my cell, car insurance, light, and cable bill on it. i would pay my car note but Nissan charges an extra fee and fukk that im not giving them that lol.

 

[beenz]

My tip would be to use your credit card for a weeks worth of gas or somethin u purchase regularly because that's was money u were gonna spend anyway, and just pay it back in full when your payment is due

makes sense in theory, but a lot of people don't have that kinda discipline when it comes to their credit card.

 

[Brooklynzson]

My tip would be to use your credit card for a weeks worth of gas or somethin u purchase regularly because that's was money u were gonna spend anyway, and just pay it back in full when your payment is due

This.

Especially if you get points for purchase. shyt you shouldn't even own a credit card that doesn't give your some type of points or perks.

 

[Two Stacks]

one big tip i have is to have fraud protection on your credit cards and debit cards. and also have it setup to where your bank calls you when they see a big charge. i also have overdraft protection that links to my credit card and my savings.

why do i say this? nikka tried to gank me out of a stack in san francisco (where ive never visited) by going to macys and nordstroms (i guess another person?) with my card number some how. new card on the way anyways. CHASE knows my activity.

The big thing here is discipline. yea i buy 365635365 sneakers but i don't keep a balance on my credit card. straight cash homie.

 

[Panther]

I have 10% of my check directly deposited into my savings account

And credit unions>>>big banks

 

[Two Stacks]

I have 10% of my check directly deposited into my savings account

And credit unions>>>big banks

I know but i didnt wanna get attached to a credit union and be out of my area when shyt goes down. if i didnt have Chase during Katrina id have been fukked. paying atm fees?

direct deposit saving>>>>>>>>>>>>>>>>>>

 

[TRUEST]

dont buy stuff u cant pay off within months..unless we talking about a car.

dont take out big loans for college. no matter how u look at it, ur a dumbass if you do.

dont hang too much with friends who dont see the value in having savings.

 

[Atlrocafella]

pay off outstanding credit card debt.

 

[Panther]

I know but i didnt wanna get attached to a credit union and be out of my area when shyt goes down. if i didnt have Chase during Katrina id have been fukked. paying atm fees?

direct deposit saving>>>>>>>>>>>>>>>>>>

I actually have 2 accounts, one with BOA and another with a local credit union. But overall the credit union is much better

 

[CrimsonTider]

dont buy stuff u cant pay off within months..unless we talking about a car.

dont take out big loans for college. no matter how u look at it, ur a dumbass if you do.

dont hang too much with friends who dont see the value in having savings.

Whats the alternative?

 

[Two Stacks]

i should have gone to comm. college first but i didnt. even if i would have made straight A's and did super smart borrowing i would have still ended school with at least 5-10K debt.

 

[TRUEST]

Whats the alternative?

a cheap college?