Fearful of spending once you paid off your credit cards a problem?

Perhaps it is a little paranoid, but better that way I suppose than to be like me, and it will take me another four years before I get mine paid off. I wish it wasn't like that, but I've learned a valuable lesson.

I used to be pressed about having a credit card balance, not anymore. As long as I can make my payments every month I am ok with it. I do wish I didn't have a balance but I do. Life is too short to get hairy about oweing a credit card. They can save your butt but they can also get you in trouble. You are always going to be paying for something, that is unless you are independently wealthy. Which I am not. My husband and I bought my house on a credit card, my mom bought her car on a credit card. One thing with a credit card its an unsecure loan, not like a mortgage. If you don't pay your morgage or car loan the creditors can take the house or car away from you. If you don't pay for your credit card they don't have anything to take from you. If you do have a credit card, you do need to use it wisely. its too easy to just say "charge it". Ask your self these questions when deciding to "charge it". Is it a want or a need. If its a need then get it. If its a want and you can do without it, then don't get it and wait until you can afford it. If its something you really really want, then get it, life is too short to deprive your self of something nice.

I'm going through that same kind of feeling myself. But it's because for the first time since I got it, I am unable to make my payment on time, so now the fees are going to start racking up on the bill. Sometimes I think credit cards are way more trouble than they are worth. You buy stuff with them, and then when it comes time to make the payment, it's like you're taking money away from other things to do it.

I always feel paranoid when buying anything on credit..I have several credit cards and i am paying them off, and it just seems to drag out for a long time..We only owe two notes on our truck and i am so looking forward to paying it off, then hubby starts talking about getting a new car..I said hey just wait a minute, i want to enjoy being out of debt for a while here..I will take that extra money and pay off my credit cards, and then maybe we will think about a new car or truck...There is nothing wrong with the one we have..I hate being in debt....I know anytime i buy something on credit, that the interest is high and you will be in debt for awhile and i do not like that feeling at all.

There's a saying that goes' if you can't afford to pay in cash, then you can't afford it at all'. I finally paid off my credit card recently and slowly, slowly the balance got right back up there and it's almost maxed out again. I too told myself that I wouldn't spend on it. once you spend a little bit, it becomes very easy to keep spending here and there. I have frozen my credit card in a bag of water in the freezer so I can't spend on it when I"m out. It will be for emergencies only. Now I"ve just got to try pay it all off now as well as the interest. Credit cards are evil!

I do not think you are paranoid at all. I never use credit for purchases except for the convenience of using plastic in the store and then paying all of the purchases off at once within the grace period. I'm not quite sure how it was possible to transfer money from a credit card to a bank account by mistake, but I should think the banks would reverse any charges in connection with that and also somehow change the permissions so that it doesn't happen again. I think you are most wise to keep careful tabs on your spending.

It sounds as if you are being very sensible. It will keep you out of trouble. Not knowing all of your details, I cannot say more, but I do wish I had made wiser choices myself. Good luck. If you have some regular extra money coming in it might be alright to have a small bill. Or you might try just saving up. That is what I am doing right now. Saving up.