Skip to content

I’m Cancelling!

January 2, 2011

.. my credit cards! Well just two of them. I can’t pay off the other one yet. I have 3.

Sad. I know.

Ever since I got these credit cards they’ve been both a pain and a pleasure. The thrill of having to buy something I can’t afford is exhilarating and addictive, but the debt they beckon is too much.

My first ever purchase using a credit card was on a black-grey-and-white Nike Free 4.0. I bought it for about five thousand Php or roughly $120. Even though the promise of the brand and the shoe was, well, promising, it didn’t last me a year. After about 8 months, my toes could say “hi” from the bottom of the shoe, but this is because I had to use it everyday. I didn’t have enough to buy another pair of shoes because I still had to pay for the other one. But even though I went through that, this was only step #1.

My first ever cash advance was P14,000. Not a very big amount, but 5 years ago, it was. I needed about P10,000, but I decided to flush out the maximum amount thinking it was best because hey, extra cash. Aside from that I could pay monthly, for a year, at 1.4% increase only. I thought it wasn’t a bad deal so I went for it.

Well, the credit concept was good, but since I didn’t know what I was treading on, it became complicated. I missed a few months, thinking that the 1.4% increase was okay.. Buzz WRONG! It was 3.5%, the usual credit card monthly increment. >_< And there’s a penalty if I don’t pay minimum. *facepalm*

Long story short, payment after payment, I lived the rest of my years paying debt. Until today. It’s not a very nice feeling knowing I’m negative.

I remembered what my Lolo said when he left his hometown to do business in Davao: “I came to Davao City with only fourteen pesos.” At the time, the peso still had great value, I remember my brothers telling me that two pesos could get you dollar.. but still, P14? Wow! … and why?

“I paid all my debts and all my obligations so that they don’t have to look for me.” (Not word for word)

I also aspire to be like that too. But before I move on, I want to at least pay off all my debts, with my own money. No help from Mama.

This is gonna be hard.

Advertisements

From → About me, Thoughts

One Comment

Trackbacks & Pingbacks

  1. Should You Get a Credit Card? | The Oaf

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Gamugamong Bukid

Chill lang wag high blood :))

遠くへ

to faraway

Aggie Aviso

writer.storyteller.memory keeper.

PSY-KOI-LOGY

This is My Psychosis

The Life of Ash

My life as a closed open book. And vice versa.

paulitically incorrect

raves, rants and ramblings on anything in Cebu, Philippines and beyond

kiboi.

「photo. music. food. other random stuff.」

jojitah

tralalalism 101, dramarama and the rest is pure jojitahness

Unstructured, raw, and partially edited

To live off the experience of life, come what may...

Windchimes

Stealing Kisses from the wind

Sink or Swim?

In a complicated life, you only have two choices. It's either you SWIM or you SINK.

Becoming A Triathlete... My Journey

Just another WordPress.com site

Escaping Thoughts

My running thoughts captured for a brief moment

The Money Tree

Plant, Grow, and Harvest Your Future

w.s.

notpoems

%d bloggers like this: