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1 posted on 03/25/2010 2:43:09 PM PDT by 2Jedismom
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To: CSM

Thought this was interesting...we use the envelope system too.


2 posted on 03/25/2010 2:44:43 PM PDT by 2Jedismom
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To: 2Jedismom

Cash is a good policy for those who can’t properly handle a credit card.


3 posted on 03/25/2010 2:45:16 PM PDT by Graybeard58
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To: 2Jedismom
The article doesn't mention the fact that credit declined in 2009 because of massive defaults, not because people paid it down.

The banks then stole the underlying assets.

13 posted on 03/25/2010 2:53:38 PM PDT by politicket (1 1/2 million attended Obama's coronation - only 14 missed work!)
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To: 2Jedismom

I can’t imagine going back to walking into a station and waiting in line to talk to a human to pay for gas instead of just paying at the pump.


18 posted on 03/25/2010 2:58:01 PM PDT by posterchild (Endowed by my Creator with certain unalienable rights.)
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To: 2Jedismom
I'm glad to hear that these folks finally saw the light. It may amaze them to know that there are some folks who have always lived within their means.

It says something about our society today that such a basic concept is something of an epiphany.

Click the Gadsden flag for pro-gun resources!

20 posted on 03/25/2010 2:58:23 PM PDT by Joe Brower (Sheep have three speeds: "graze", "stampede" and "cower".)
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To: 2Jedismom

Next, when people don’t have cash because Obama and the Dems have wrecked the economy, will be the barter system. Or the robbery system...


24 posted on 03/25/2010 3:01:34 PM PDT by bigbob
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To: 2Jedismom

Back to basics.


28 posted on 03/25/2010 3:06:42 PM PDT by SueRae
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To: 2Jedismom

Credit FTW. If I lose cash, it’s gone. If I lose a credit card, it’s an inconvenience. They have much stronger fraud protection than debit cards. A temporary authorization isn’t going to put a hold on the funds in my checking account. I get to borrow money for 30 days at no charge. If there’s an emergency, I can revolve a balance as long as I can meet minimums. What’s not to love?


42 posted on 03/25/2010 3:27:41 PM PDT by Caesar Soze
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To: 2Jedismom
If these Socialist want to dictate everything we eat, buying cash will leave no trail via your credit card.

Ditto that anything you do with your wealth, which may have to be redefined, i.e things that help you survive (the coming collapse...)

Going Galt via seld sufficency apparatuses (chain saws, generators etc) purchased quietly with cash may go un-noticed by the nanny state.

46 posted on 03/25/2010 3:40:34 PM PDT by taildragger (Palin/Mulally 2012)
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To: 2Jedismom

Nope, no evidence of economic depression here. /sarc


51 posted on 03/25/2010 4:47:13 PM PDT by Freedom_Is_Not_Free (Bye bye Miss American Freedom. Idiot voters put a stake through your heart.)
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To: 2Jedismom

This nation will not grow and prosper without credit for business ..period.


73 posted on 03/26/2010 7:14:18 PM PDT by wardaddy (Greetings Comrade!)
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