Monday, December 22, 2008

There Goes My "Retirement"

Today at work we got into a discussion about credit cards and how much interest they charge, etc., and how before you know it, you owe so much money you can't pay it back.

I brought up the example of a friend of mine, who recently declared bankruptcy because her husband, who had a small (and unsuccessful) business, was using their credit cards to pay his employees' salaries.

My boss said something like, "Yeah, when you're not bringing in any income . . . " and trailed off.

A couple of minutes later, after we'd talked about this and that, I, being the kind of tightwad responsible consumer who pays her credit card bill in full every month, said, "Whatever you do, don't charge payroll to your credit card!"

I was thinking my boss would laugh, or say something like, "Of course not, how stupid do you think I am?"

But he didn't do either. He didn't say anything at all.

Which makes me wonder exactly where he's getting the money to pay me.


Joseph LeMay said...

I've read people tend to spend less when they pay with cash instead of a credit card. I've been doing this a little bit lately, but I want my frequent flyer miles, so I'm still mostly on the credit card.

Joseph LeMay said...

and, BTW, which queen is that in that picture you have up? my guess is Joan of Arc, who wasn't actually a queen.

Joan Novark said...

I have two methods I use to control spending: 1) I pay with cash as much as possible, and 2) I always pay off my credit card balance in full at the end of the month.

Yes, that's Saint Joan in the picture but I wouldn't say she's portrayed as a queen. My reference to her as "warrior queen" wasn't meant to be taken literally.

Goody 2 Shoes said...

I took it as YOU were the warrior queen, actually. I mean, aren't you?