We are doing just the reverse. We are curtailing the use of our credit card, paying cash most of the time now. Stocking up on non perishable goods, building up our firewood supply.
Same here. Paying off debts and stockpiling meat in the freezer.
I am the opposite of you.
I use plastic exclusively, rarely pay or carry cash.
I have a stash of cash at home, just in case, but I have used credit cards for most of my adult life.
The cards get paid off every month, meaning that I incurr no interest charges, plus I get a discount on everything I buy, in the form of cash back or rewards.
Why would you use your own cash or debit card, when if properly done, you can use someone else’s, and get paid to do it?
Paying down here too. I do order stuff from AMZ, have their Prime Chase card, which gives me a discount. Never more than $100 on that card, pay it off every month. AMZ has a lot of food. King Oscar sardines from Norway are xlnt protein source. Use Visa for everything else, have a very low balance there, pay far more than I owe every month. Could pay it all, but keep it under $500. They keep offering me better terms.
Bought cans and cans of organic beans, a really good protein source, and some canned veggies too (though kinda yuk, far prefer fresh). Fred Meyer/Kroger has excellent organic soup and broth in cartons and nice coconut milk in cartons too. Have lots of those, buying more tomorrow.
I live in a second floor apartment, woman downstairs keeps me warm. My electric bill last month was $40. And I love hot weather, don’t turn on AC til it’s 96. Boy, am I a cheap date.:)
Veto!
(The girl)
I retired in Dec 2018, cut EVERY card in half paid off every ounce of debt including mortgage I buy NOTHING anymore unless I can pay cash!! I was doing great until Biden, I had to take a part time job, I honestly can’t believe how damned expensive EVERYTHING has become it is ridiculous I don’t know how people with kids, mortgage, or rent are surviving today!!!
Very similar.
Paying down debt, buying necessities for the long-haul, and food stocking.
What I do not understand is how they say the economy good, when people are resorting to credit to survive.
When this crashes, and it is going to crash in waves like a tsunami, it is going to be unlike anything we have seen in our lifetimes.
We do not need ‘techies’ in the Oval Office. WE need business people who know how to produce and what it takes to get an organization to the top.
All this culture BS, is nothing but distraction, from reality.
We’re doing the same. We have plenty of dry goods (beans, rice, etc) socked away. We’re building up the canned goods now. All it takes is buying a few extra cans of soup on each shopping trip.