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Good travel card/credit card?

Travel Forums Europe Good travel card/credit card?

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11. Posted by CheersT (Travel Guru 2458 posts) 21w

Ditto.

Going on vacation and racking up more debt while you're still carrying the worst debt possible (on a credit card) makes no sense.

Kill your credit card debt, save some money, then go travelling.

Cheers,
Terry

12. Posted by stevehem (Budding Member 39 posts) 21w

Thanks for taking the time to respond to my thread but im in control of my spending and debt thankyou. Only looking for handy hints on the best way to go about it because alot of people do this. People are in debt most of their lives with car and house loans etc.. great way to live, working just to pay off stuff. Sounds like you guys need to live a little.

13. Posted by CheersT (Travel Guru 2458 posts) 21w

Steve, you don't understand anything.

Take a look at the fee your credit card is charging you. It's robbery. It has nothing whatsoever to do with carrying a mortgage or a car loan.

Good luck.

Cheers,
Terry

14. Posted by stevehem (Budding Member 39 posts) 21w

Youre obviously one of those people that think they know everything

15. Posted by CheersT (Travel Guru 2458 posts) 21w

Steve, this isn't rocket science. Simply look at the interest charges you're paying on your credit card.

They're insanely high. The fact that you're servicing this high interest debt yet at the same time looking to go on vacation shows you don't have even the most basic knowledge about who you're blindly giving your hard earned cash to.

Instead of being defensive simply check out the interest rate yourself. You'll be shocked.

Cheers,
Terry

16. Posted by Andyf (Travel Guru 653 posts) 21w

Seems to me that you came here asking for financial advice and got it. Now you're grumbling that you don't like the advice.

17. Posted by OldPro (Respected Member 285 posts) 20w

You are right that most people are in debt for most of their lives but that doesn't mean it's a good thing or that all kinds of debt are equal.

A student loan, a mortgage and to a lesser extent a car loan can all be justified to some degree. But credit card debt does not fall into the justifiable category. If you have got yourself into credit card debt, then the best thing to do is get a bank loan to pay off the credit card and then get rid of the credit card if you can't control you spending. You say you are in control of your spending and debt, obviously you are not.

A bank loan might charge you 6% whereas a credit card will charge you 16% + How do you call that being 'in control'. That's being in control of throwing your money away. Most people are in debt and most people are NOT in control of their spending and debt, which is WHY they are in debt.

You can ignore good advice if you wish, it's your life to live. But don't try to say people should try to 'live a little' or 'think they know everything' as if it is others that have got it wrong and you that has got it right. Anyone who has credit card debt has got it WRONG. Anyone who has no debt, owns their home outright and buys their cars for cash, has got it right. You can learn or you can follow the herd who get it wrong.

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