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  1. 06-03-2011, 08:22 AM #1
    Ceashels
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    Default Living without credit cards!

    adam-baker-qa-man-vs-debt-creditcards: Personal Finance News from Yahoo! Finance

    Adam Baker and his wife, Courtney, were thousands of dollars in debt when they decided to get radical about their finances. They sold the bulk of their belongings, cut up their credit cards, slashed their expenses, and hit the road with their daughter, Milligan -- and a baby on the way.
    There is a blog about their travels that is listed in the article. It is a short article about how they went from just paying down the cards to completely doing without them.
    The Free Spirit Saver who walks the path with Greebo.

    Onboard with a modified Dave Ramsey Plan
    Budget: "Every month! On paper, on purpose!"


    Gardening somewhere between Zone 6b and 7a.
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  2. 06-03-2011, 11:54 AM #2
    peanut
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    Interesting idea. Here you couldn't live in an RV year round...too cold. You'd have to go south to the States. You need a CC to rent an apartment in this city too...as my DD found out.
    2012 Challenges

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  3. 06-03-2011, 12:10 PM #3
    krbshappy71
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    LOVED the article!!! I love the "think different" attitude!! I emailed the link to my BF, I wanted him to see that its not just a "Ramsey kick" that I'm on, its a life-changing-thinking kick that I am on! I have told him repeatedly that I want "Off the Merry-Go-Round" of credit cards. I'm done, I'm sick and done with them controlling my life and future financially.
    LDR , 2 DD (one left the nest, one rarely home) More pets than money. More love than sense.

    "If you can't see the light at the end of the tunnel, march down there and light it yourself."

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    Yah, I suck at this money stuff, I know. That's why I'm here.
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  4. 06-03-2011, 06:09 PM #4
    ErikM02
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    Credit cards are the devil imo
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  5. 06-03-2011, 06:53 PM #5
    FLgal
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    Neat story, but where do they get their money if they travel all the time? Are their kids school aged? If so, do they homeschool?

    I'm sure we could all live without credit cards, but I'm not sure we could live 5 deep in an RV without getting on each other's nerves. Lol
    Different strokes for different folks.
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  6. 06-03-2011, 10:19 PM #6
    qtkitty
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    There are a lot of things people can not do with out a credit card .. or its hard to do ... like rent a hotel room ( cash would mean a deposit at the least and some places don't allow that)
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  7. 06-03-2011, 10:24 PM #7
    mndtrp
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    Quote Originally Posted by ErikM02 View Post
    Credit cards are the devil imo
    Credit cards are a tool, no different than a hammer. The potential for problems comes with how you use those tools.
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  8. 06-04-2011, 10:47 AM #8
    krbshappy71
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    Quote Originally Posted by qtkitty View Post
    There are a lot of things people can not do with out a credit card .. or its hard to do ... like rent a hotel room ( cash would mean a deposit at the least and some places don't allow that)
    Doesn't seem too hard to me. Use a debit card.

    How to Book a Hotel Room Without a Credit Card | Travel Tips - USAToday.com
    LDR , 2 DD (one left the nest, one rarely home) More pets than money. More love than sense.

    "If you can't see the light at the end of the tunnel, march down there and light it yourself."

    Full-time job
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    Challenges for 2012:
    2012 Grocery Budget Reduction Challenge- $100 a month. (down from $150) Hm, might be too low.
    Electric Usage Challenge (doing well, under $70 most months)
    Yah, I suck at this money stuff, I know. That's why I'm here.
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  9. 06-06-2011, 01:19 PM #9
    frugald
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    Default That's to do it.

    That's One Way to do it
    After a layoff and not being able to meet my monthly obligations, I thought I had no choice but to use my credit cards thinking it was only temporary. But after few years of trying to fix this problem on my own a family member recommended a website called credit card relief now. I probably wouldn't have gone this route if not for my aunt recommendation but I'm happy I did now. It still took some time to get the ball rolling but now that it is, I'm starting to see my monthly expenses come back from the red
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  10. 06-06-2011, 06:29 PM #10
    ErikM02
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    Quote Originally Posted by mndtrp View Post
    Credit cards are a tool, no different than a hammer. The potential for problems comes with how you use those tools.
    The way I used CCs was the equivalent of taking a sledge hammer to my lil' man parts lol
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  11. 06-06-2011, 10:13 PM #11
    Debbie-cat
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    His blog is amazing. Thanks for the link ceashells!
    Dh Bob FIL
    DS (21) at Lakehead U - go Thunderwolves!


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  12. 06-06-2011, 11:37 PM #12
    3tomboys
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    My DH and I have been following the Man Vs Debt blog for a while now. We really enjoy it.
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  13. 06-07-2011, 01:32 PM #13
    frugal is fun
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    Did you read some of the comments? Wow, such negativity about NOT having credit cards. Thats crazy!
    Judy


    never loose site of the big picture
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  14. 06-07-2011, 03:09 PM #14
    momof42003
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    We have not had a techinical CREDIT card for years. When ever a "credit" card is needed, we just use our VISA debit card from our checking account. How would any one know--really. I do not miss credit cards at all. Living in an RV with 5 others---now that would be a little hard for me. Thanks for sharing.
    Bonnie mom to

    DD Roari 18 who has been accepted to BAYLOR!!
    DS Craig 16 who is about to get his permit
    DS Jared 14 just hanging with friends
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    Lord help me, I have THREE teenagers!!!


    Married to Lyndell for 18 years.

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    FIND A NEW JOB!!!
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  15. 06-08-2011, 09:35 PM #15
    Lynn4
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    I like my credit card, I don't pay an annual fee and I have never paid a penny in interest. I get cash back rewards on my charges and I apply it to my balance. I actually make money off my card. But I understand it's not for everybody.

    Frugal rocks!
    Down with the mortgage!
    Keepin' it fresh!
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