Buying something which you cannot aford.

[foresterx]

Number one ang mga taga US diyan.... Utang to the max..... worse, vicious cycle na......

nagiging Kano na ang mga Pinoy

lifestyle financed by debt


on the surface they look successful -- new carS, big house, tons of stuff

ang di mo nakikita yung stress pag dating ng bills

really? have you lived in the states long enough to know that this is true? i practically grew up there and know how big of a lie that is. parang yung mga nag sasabi na ang mga amerikano ang hilig mga exotic.:bwahaha: we call this stereotyping.

people in the states use creditcards/debitcards a lot because transactions are a lot easier and faster using cards. kahit ako pag nasa states card gamit ko, i barely bring cash over $100. kasi pag card swipe and sign ka lang tapos na faster than getting cash in your wallet and waiting for your change. di katulad sa pinas pag card gamit mo medyo mabagal transaction. plus meron pa mga app for smartphones for restaurants/grocery store/fast food chains, where you can pay using your phone na para di mo na kelangan pumirma or labas wallet mo, yung ibang mga restaurant pa pwede ka na agad umorder sa phone mo. on gas stations don na mismo sa pump swipe mo na agad card mo no need to sign anything tapos agad, unlike sa atin dadalin pa sa cashier antay ka pa ng konti. that's the reason why they use cards a lot because of the hassle free transaction.

BTT: no i always make sure that the things i buy i can actually afford. but i use my credit card a lot because i can control my spending more compared when i'm using cash. siguro kasi makikita ni misis pag card kaya mas controlled unlike pag cash walang huli.:bwahaha: