Got it. So, 60,000 moms every other night are running up their credit cards to send their daughters to see Taylor Swift. And the Dads all agree with this? They don’t care about the debt? Do you let your wife spend $1000 on your daughter when you can’t afford it? And this is all the governments fault.debt, people going in debt, its crazy these moms run up credit card to keep up with the Jones to get their daughters to Swift
personal savings are at an all-time low while credit card balances are at an all-time high. the auto loan market is falling apart with repos coming next while commercial real estate is on life support. That people are stupid enough to toss a grand to Taylor Swift isn't a sign of a strong economy it's a sign of American fiscal irresponsibility especially at CC interest rates nearly double what they were 8 years agoIf parents are paying a grand to see Taylor Swift (23% CREDIT CARD)
if people are willing to pay top dollar to attend sporting events (23% CREDIT CARD)
if people are gonna shell out $$ for nfl Sunday ticket. (23% CREDIT CARD)
if money market high yield savings accounts are over 4% (DIRECTLY CORRELATED TO THE RISE IN INTEREST RATES, NOT A SIGN OF A STRONG ECONOMY. NOT TO MENTION THE AVG AMERICAN DOESN'T HAVE 100k TO TOSS INTO A MM ACCT, THEY HAVE $0 SAVINGS)
Folks that went to see Morgan Wallen in Miss sat nite are pissedpersonal savings are at an all-time low while credit card balances are at an all-time high. the auto loan market is falling apart with repos coming next while commercial real estate is on life support. That people are stupid enough to toss a grand to Taylor Swift isn't a sign of a strong economy it's a sign of American fiscal irresponsibility especially at CC interest rates nearly double what they were 8 years ago
For ones with good credit, there are a lot of 0% credit cards floating around these days where the balance transfers are 2 or 3% with a longer than 12 month time frame. Seen a few 18 and 24 months out therepersonal savings are at an all-time low while credit card balances are at an all-time high. the auto loan market is falling apart with repos coming next while commercial real estate is on life support. That people are stupid enough to toss a grand to Taylor Swift isn't a sign of a strong economy it's a sign of American fiscal irresponsibility especially at CC interest rates nearly double what they were 8 years ago
as you know it's not a 0% CC it's a 0% deferred interest rate. never seen a 24 but have certainly seen 15-18 mo with the catch of it being a variable rate so you'll be rocking a 29.75% with any balance due when the intro period is satisfied. good luck with thatFor ones with good credit, there are a lot of 0% credit cards floating around these days where the balance transfers are 2 or 3% with a longer than 12 month time frame. Seen a few 18 and 24 months out there
Lots of high yield savings accounts north of 4% out there.
And yes, there are ones who spend money stupidly, i get that.
If you're NOT looking for major financing right now, its a GOOD time to play around (as long as you can make your payments)
as long as you can pay your balance after the time period or be able to transfer to another card, then you're all setas you know it's not a 0% CC it's a 0% deferred interest rate. never seen a 24 but have certainly seen 15-18 mo with the catch of it being a variable rate so you'll be rocking a 29.75% with any balance due when the intro period is satisfied. good luck with that
plenty of economic indicators out there like the LEI from the Conference Board posted on Thursday, retail inventory levels, freight pricing and rejection rates, savings vs CC, consumer confidence, underperforming earnings calls, office occupancy rates, loan defaults, liquidity depletion, etc.
Or just look at NFL Sunday Ticket subscriptions
So how is that the governments fault? The only ones who have liow personal savings and high credit balances are the irresponsible ones. I’m guessing the majority of people on this board complaining about things are doing fine. Is your savings at an all time low? Are you in cc debt? How about Festering Zit who started the thread. Are you in financial ruins right now? I doubt it. I know Willie is fine, he brags about his great life all the time.personal savings are at an all-time low while credit card balances are at an all-time high. the auto loan market is falling apart with repos coming next while commercial real estate is on life support. That people are stupid enough to toss a grand to Taylor Swift isn't a sign of a strong economy it's a sign of American fiscal irresponsibility especially at CC interest rates nearly double what they were 8 years ago