Thursday, June 26, 2008

A prelude to married life?

Hubby’s been nagging me to clean my credit card balance and bring it to zero. It’s the end of the financial year and our tax rebates would be available to us soon. We’ve been discussing finances lately and I keep telling him that I have my own way of paying my credit card off slowly but surely. He tells me that by paying off a little amount on my credit card I pay more on interest than I should if I pay it all of straight away. He says why not take out a loan. That way we don’t think of the credit card anymore and instead just work out the loan til payday. I am still not convinced, but I told him I’d consider it as well as taking out a cash advance. We also talked about just using our tax money to pay this off (just to satisfy him). This will be good so once our credit card bill is zero we could charge our next holiday to the card again! Haha!

There are so many things that one has to take into consideration prior to marriage. Married life involves talking about kids, finances, holidays, plans, house, bills, priorities, etc. So many things to agree on. I guess the married people out there would say that some of the issues you just really get to talk about along the way. Until then, you can only hope and pray that both parties can come to a decent and logical settlement. Looking at my credit card issue and talking to hubby about it, we would definitely have to do some serious finance talking, as some times we don’t agree with what the other is saying. Will separate accounts work for us? Joint accounts? I will keep all posted!

P.S. I'm not in a financial crisis (nor in a 'marital' crisis). Just one of those daily thoughts and discussions (with hubby)..


Laura said...

I loved paying off my credit card and finally seeing a statement come in with a zero balance. I kept it paid each month for awhile. It was funny cause they put up my limit, first double and then tripled just a month ago. Ironic that I could have used the extra limit before when I was short on money. Now I don't need it and don't care. I enjoy paying it down to zero each month. Makes using the card fun again.

Raft3r said...

greetings from Baltimore!

Raft3r said...

usapang kautangan
totally relatable

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