Comments on: Savings are for stupid-heads http://www.punchdebtintheface.com/2009/10/savings-are-for-stupid-heads.html A fun personal finance blog Sat, 11 Feb 2012 01:47:08 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Jesse http://www.punchdebtintheface.com/2009/10/savings-are-for-stupid-heads.html#comment-1559 Jesse Wed, 14 Oct 2009 22:55:27 +0000 http://www.punchdebtintheface.com/?p=195#comment-1559 You were gone? ;) jk, and I agree with everything you said here except the Best Buy part. I used to work there and can never shop there for anything over a dollar..such a ripoff man, get your Camera at newegg.com or some small mom and pop store that will at least give you really good service when you overpay You were gone? ;) jk, and I agree with everything you said here except the Best Buy part. I used to work there and can never shop there for anything over a dollar..such a ripoff man, get your Camera at newegg.com or some small mom and pop store that will at least give you really good service when you overpay

]]> By: Joshua http://www.punchdebtintheface.com/2009/10/savings-are-for-stupid-heads.html#comment-1555 Joshua Wed, 14 Oct 2009 13:34:52 +0000 http://www.punchdebtintheface.com/?p=195#comment-1555 You missing out sucka, I use a credit card with rewards points and pay the bill in full every month. Basiclly I don't pay any intrest or fee's of any kind. I build and get credit which helps my score on a reocurring basics and I get free shit that as best I can figure out is TOTALLY free. I know my dad told me there was no free shit in life but it appears that there really is because some other moron that is running a balance and paying interest is paying for my free stuff! Right now I am using a Citi Premier Pass elite level World Elite card. This gives me at least 1 point for ever dollar spent and 1 point for ever mile I fly for work (maybe helpfull to you) generally it's about 10,000+ points for a $100 gift card. In the end that appears to be the best option for free stuff. I use the card for everything and then use my cash flow to pay it off in full at the end of the month. This is what works best for me you should check it out! You missing out sucka, I use a credit card with rewards points and pay the bill in full every month. Basiclly I don't pay any intrest or fee's of any kind. I build and get credit which helps my score on a reocurring basics and I get free shit that as best I can figure out is TOTALLY free. I know my dad told me there was no free shit in life but it appears that there really is because some other moron that is running a balance and paying interest is paying for my free stuff! Right now I am using a Citi Premier Pass elite level World Elite card. This gives me at least 1 point for ever dollar spent and 1 point for ever mile I fly for work (maybe helpfull to you) generally it's about 10,000+ points for a $100 gift card. In the end that appears to be the best option for free stuff. I use the card for everything and then use my cash flow to pay it off in full at the end of the month. This is what works best for me you should check it out!

]]> By: Foxie | CarsxGirl http://www.punchdebtintheface.com/2009/10/savings-are-for-stupid-heads.html#comment-1551 Foxie | CarsxGirl Tue, 13 Oct 2009 17:55:10 +0000 http://www.punchdebtintheface.com/?p=195#comment-1551 Sorry Ninja, I don't stop by frequently enough to miss you, I never noticed you were gone. ;)<br /><br />I totally do the same thing. Most of the time. What I *love* about savings is being able to jump on a good deal without having to wait to generate the cash, mostly because the great deal would be gone by then. Latest examples: Crazy marked down dress for friend's wedding and, best of all, the set of wheels my husband's wanted for his car.<br /><br />Those wheels were a set a guy was selling for $500, nearly scratch-less (I think there's one total) with decent tires. It wasn't feasible to wait until I got paid again, we had to take immediate action. (The wheels alone would be nearly $1200 before tires.) So my savings account came to the rescue, and I'm planning on paying it back ASAP. I've also finished my husband's birthday shopping in one fell swoop, with something he loves. A whole month early. :) Wouldn't have been possible had I not used savings, even though it wasn't my favorite thing to do. I know what my extra paycheck's going towards now!! Sorry Ninja, I don't stop by frequently enough to miss you, I never noticed you were gone. ;)

I totally do the same thing. Most of the time. What I *love* about savings is being able to jump on a good deal without having to wait to generate the cash, mostly because the great deal would be gone by then. Latest examples: Crazy marked down dress for friend's wedding and, best of all, the set of wheels my husband's wanted for his car.

Those wheels were a set a guy was selling for $500, nearly scratch-less (I think there's one total) with decent tires. It wasn't feasible to wait until I got paid again, we had to take immediate action. (The wheels alone would be nearly $1200 before tires.) So my savings account came to the rescue, and I'm planning on paying it back ASAP. I've also finished my husband's birthday shopping in one fell swoop, with something he loves. A whole month early. :) Wouldn't have been possible had I not used savings, even though it wasn't my favorite thing to do. I know what my extra paycheck's going towards now!!

]]> By: RainyDaySaver http://www.punchdebtintheface.com/2009/10/savings-are-for-stupid-heads.html#comment-1550 RainyDaySaver Tue, 13 Oct 2009 14:53:02 +0000 http://www.punchdebtintheface.com/?p=195#comment-1550 I don't touch my savings cushion. It's all about cash flow. And right now, cash flow is paying off what's left of our CC debt. If there's a big purchase to be made, cash flow will take care of that. I don't touch my savings cushion. It's all about cash flow. And right now, cash flow is paying off what's left of our CC debt. If there's a big purchase to be made, cash flow will take care of that.

]]> By: Jessie http://www.punchdebtintheface.com/2009/10/savings-are-for-stupid-heads.html#comment-1549 Jessie Tue, 13 Oct 2009 14:18:32 +0000 http://www.punchdebtintheface.com/?p=195#comment-1549 I'm a big fan of saving up and buying later. Make a plan. Plus, by the time you buy it - the price will have probably gone down then if you had financed it some other way.<br /><br />That's the ideal situation, sometimes your faced with a bump on the road (reference to Gail's post today) and you've just go to buckle down and buy what you buy - but in best case scenarios... save up and buy later.<br /><br />and yes, i missed ya ;) I'm a big fan of saving up and buying later. Make a plan. Plus, by the time you buy it – the price will have probably gone down then if you had financed it some other way.

That's the ideal situation, sometimes your faced with a bump on the road (reference to Gail's post today) and you've just go to buckle down and buy what you buy – but in best case scenarios… save up and buy later.

and yes, i missed ya ;)

]]>