Topic: Are You an Overspender?

[neckromancer]

Ask yourself the following questions:

1. Do you spend money on the assumption that your income will rise?

2. Do you fail to keep an accurate record of your purchases?

3. Do you hide your purchases from your family?

4. Do you often fail to pay your monthly bills on time?

5. Do you own more than five credit cards?

6. Does having several credit cards make you feel richer?

7. Do you spend more than 20 percent of your income on credit card bills?

8. Do you tend to make only the minimum payment on your credit card bills?

9. Do you take cash advances on one credit card to pay the balance on another?

10. Do you often pay for groceries with a credit card?

11. When you eat in a restaurant, do you collect cash from friends and then pay the bill with your credit card?

12. Do you have trouble imagining how you would survive without credit?

If you answered yes to 4 or fewer questions, you're probably not an overspender.

If you answered yes to 5-8 questions, it's tme to pay off your debts and folow a strict budget.

If you answered yes to 9 or more questions, consult a credit counselor or financial planner for help in changing your spending habits.

(Note: Test done for American audience. Paano kaya ang Pinoy version nito?)

[ipcmlr]

Waa! 5! Its time to pay off your debts and follow a stricter budget!

1.No
2.Yes
3.No
4.Yes
5.No
6.No
7.No
8.Yes
9.No
10.Yes
11.No
12.Yes

[Gat J.P. Rizal]

Definitely not an overspender. Thanks God. 

10: YES

Have one CC infact an extension for my wifeys collection of CC. Most of my transactions is through CC since dont bother to apply DC.  Got a lower credit limit my wifey does the maximum. Groceries and online shopping saves me time and those moments where wifey is on shopping you know what I mean and the benefits of cashback sites when spending online. Dont need coin purse since I paid exactly through CC. Paid in full all balance to avoid interest payment and dont like direct debit I love going to the bank handing my payments to those lovely blondes with a priceless smile you could imagine. No need to hide my purchases since my legit emails account as well as the joy of CC balance online inquiry is available my wifey has also full authority bypassing my passwords nothing to hide  except my precious accounts everywhere especially in espiya. My bookies transactions is the only thing I hide in out of this world secret compartment in my shoes  . Only informed wifey if Ive won and give a present worth 10 percent to the actual money Ive won.  . Everything sounds fair and perfect. 

[xeoxander01]

Ask yourself the following questions:

1. Do you spend money on the assumption that your income will rise?

2. Do you fail to keep an accurate record of your purchases?

3. Do you hide your purchases from your family?

4. Do you often fail to pay your monthly bills on time?

5. Do you own more than five credit cards?

6. Does having several credit cards make you feel richer?

7. Do you spend more than 20 percent of your income on credit card bills?

8. Do you tend to make only the minimum payment on your credit card bills?

9. Do you take cash advances on one credit card to pay the balance on another?

10. Do you often pay for groceries with a credit card?

11. When you eat in a restaurant, do you collect cash from friends and then pay the bill with your credit card?

12. Do you have trouble imagining how you would survive without credit?

If you answered yes to 4 or fewer questions, you're probably not an overspender.

If you answered yes to 5-8 questions, it's tme to pay off your debts and folow a strict budget.

If you answered yes to 9 or more questions, consult a credit counselor or financial planner for help in changing your spending habits.

(Note: Test done for American audience. Paano kaya ang Pinoy version nito?)

1. no
2. yes
3. no
4. no
5. no, I dont even own a single credit card let along five!
6. no
7. no, wala nga akung credit card eh!
8. no, see number 7
9. no
10. no
11. no
12. no

I think this doesnt apply to me since I dont have a credit card and Im not planning to own one. collecting credit cards just isnt my thing.

My payroll ATM however is a Debit Card, does that count?.

anyways nice post sir.. para nmn ma aware tayo!..

[Master Of Disaster (m.d)]

don't have to answer any l am very much overspender Very much 

[waPakman]

NO!
dahil hindi ko na binabayaran credit cards ko...

hahahaha... 

Nagtatago na nga ako sa cave...