Originally Posted by getaclue
bruceha, true the payment on a loan is the credit history, except we've never had a loan for anything. I never mentioned a bunch of credit cards, either. I mentioned a credit card. The credit card works faster than a loan to establish, and boost the credit score initially. We were wanting to buy a place, but didn't have the money to buy it outright yet, and we were having a very hard time getting financing on a home, due to no credit history whatsoever. I don't even finance auto insurance. I pay the entire year in full, and save quite a bit since there are no finance charges. The place we wanted got sold, so we decided that it might not be a bad idea to try to establish some credit anyway.
Sorry, I didn't mean to suggest that you had a bunch of CCs but that having them is a great way to have a lousy credit score as far as getting a mortgage. Just a heads up for others who might read through.
Originally Posted by perchie.girl
Another thing that keeps many people with a mortgage vs owning is that Tax deduction for the interest.
True, to a point. If you have the cash to buy a house (hah!) you would have to decide if you can make more by investing it than using it to buy a house and having interest to deduct. Remembering that if you pay $1K in interest in a given year and take that off your income, your taxes owed won't go down by anything close to $1K. Not even for the very richest 1%. If your marginal tax rate is 25% (starts at $79,500 for married filing jointly this year), you are STILL out $750 of that interest. If you are in the 15% bracket, $850 is "lost" to the bank.
Originally Posted by Alaskan
Diva... Feel my pain.
I thought I had mint chocolate chip in the freezer.
I sat down to eat it.
It is pistachios.
I would offer you some of my mint chocolate chip but I finished it last night. Sorry.
Originally Posted by superchemicalgirl
I get home I found out I bought the low fat/low sugar kind. WHO IN THEIR RIGHT MIND WANTS THAT??!!
I still ate it.
I wouldn't have. Artificial sweeteners are migraine triggers (not to mention some of them are carcinogenic).