Comments on: The credit card minimum payment trap http://belifesavvy.com/2008/07/21/the-credit-card-minimum-payment-trap/ Life's missing manual Fri, 21 Nov 2008 08:47:36 +0000 http://wordpress.org/?v=2.6.1 By: Tony http://belifesavvy.com/2008/07/21/the-credit-card-minimum-payment-trap/#comment-35 Tony Thu, 31 Jul 2008 04:29:17 +0000 http://belifesavvy.com/?p=23#comment-35 Hey Jedd, I can understand why you see it that way, but you have to consider a couple of things: 1) You don't necessarily have to pay Amazon.com purchases with credit. According to their site they accept also: "Amazon.com gift certificates, Amazon Credit Account, Webcertificatees, payment directly from your bank account, and checks, money orders, traveler's checks, or cashier's checks denominated in U.S. dollars and drawn on a U.S. bank. Additionally, we accept Borders Gift Cards and Waldenbooks Gift Cards as payment for qualifying orders."; 2) Awareness is extremely important when trying to resolve an issue. If $19 + tax can be the wake up call that many people need to help motivate them when it comes to spending less in the long term, than it's well worth it. Thanks for commenting. Hey Jedd, I can understand why you see it that way, but you have to consider a couple of things:

1) You don’t necessarily have to pay Amazon.com purchases with credit. According to their site they accept also: “Amazon.com gift certificates, Amazon Credit Account, Webcertificatees, payment directly from your bank account, and checks, money orders, traveler’s checks, or cashier’s checks denominated in U.S. dollars and drawn on a U.S. bank. Additionally, we accept Borders Gift Cards and Waldenbooks Gift Cards as payment for qualifying orders.”;

2) Awareness is extremely important when trying to resolve an issue. If $19 + tax can be the wake up call that many people need to help motivate them when it comes to spending less in the long term, than it’s well worth it.

Thanks for commenting.

]]> By: Jedd http://belifesavvy.com/2008/07/21/the-credit-card-minimum-payment-trap/#comment-34 Jedd Thu, 31 Jul 2008 01:18:16 +0000 http://belifesavvy.com/?p=23#comment-34 Ironic that in an article entitled "The credit card minimum payment trap" that there's a link to Amazon.com so you can BUY (probably with a credit card) a video about credit card debt. This comes across as a little hypocritical. $19 (+tax) for a video you'll watch once? Doesn't seem real financially savvy. Great article though. :) Ironic that in an article entitled “The credit card minimum payment trap” that there’s a link to Amazon.com so you can BUY (probably with a credit card) a video about credit card debt. This comes across as a little hypocritical. $19 (+tax) for a video you’ll watch once? Doesn’t seem real financially savvy. Great article though. :)

]]> By: Tony http://belifesavvy.com/2008/07/21/the-credit-card-minimum-payment-trap/#comment-13 Tony Tue, 22 Jul 2008 17:08:53 +0000 http://belifesavvy.com/?p=23#comment-13 Actually Simone, they are both considered acceptable as you can read in this post: http://thegrammarvandal.wordpress.com/2007/07/30/atgv-farther-vs-further/. :) Actually Simone, they are both considered acceptable as you can read in this post: http://thegrammarvandal.wordpress.com/2007/07/30/atgv-farther-vs-further/. :)

]]> By: Simone Brunozzi http://belifesavvy.com/2008/07/21/the-credit-card-minimum-payment-trap/#comment-11 Simone Brunozzi Tue, 22 Jul 2008 16:52:51 +0000 http://belifesavvy.com/?p=23#comment-11 substitue further with farther :-) By the way, interesting article. I see a similar phenomenon growing up in Italy very quickly. substitue further with farther :-)

By the way, interesting article. I see a similar phenomenon growing up in Italy very quickly.

]]> By: Tony http://belifesavvy.com/2008/07/21/the-credit-card-minimum-payment-trap/#comment-10 Tony Mon, 21 Jul 2008 19:32:40 +0000 http://belifesavvy.com/?p=23#comment-10 Thanks for spotting that, K. Of course, it's 1.132 billion mail offers. It's fixed now. ;-) Thanks for spotting that, K. Of course, it’s 1.132 billion mail offers. It’s fixed now. ;-)

]]> By: K http://belifesavvy.com/2008/07/21/the-credit-card-minimum-payment-trap/#comment-7 K Mon, 21 Jul 2008 18:37:38 +0000 http://belifesavvy.com/?p=23#comment-7 That 1.132 trillion number cannot possibly be right. That is about 4,000 pieces of mail for each resident of the United States. Did you mean billion? That 1.132 trillion number cannot possibly be right. That is about 4,000 pieces of mail for each resident of the United States. Did you mean billion?

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