so do you have any credit cards
yes i do i keep uh i have an American Express and a Visa card that i keep you know kind of for emergency purposes and i have you know i use a gasoline credit card which i you know pay off every every month
um-hum
but i've i've gotten rid of all of the credit cards you know that i possibly could and my balances are practically zero on the ones that i have
okay
especially since you know it's no longer after this year or after tax year nineteen ninety there's there's no deductions for you know credit card interest that you pay so it's a
um-hum
you know gosh credit cards run what anywhere from up to eighteen nineteen percent i guess
yeah
it's just a bad deal course there are emergencies you know that you you know probably need to have a card
yeah i have one card
uh-huh that's that's probably enough
and i try not to use it but right now it's maxed out
absolutely
yeah it's it's very easy to you know to do that or you know to abuse it it really is it's so easy to pull out the plastic
um-hum
but we're trying our best not to not to add any you know credit card debt to our structure here
yeah um
i have uh the thing that that bothers me worse than the credit cards i think is uh you mentioned the gasoline credit card
uh-huh
i don't have that but i've got you know one of the the
uh instant teller cards
uh-huh
that you can use for point of sale purchases and we use that usually to buy gasoline and it's just it's really amazing how quickly that goes
uh-huh
uh-huh
uh-huh
uh-huh i'm sure you're right i don't i don't i don't participate in that but you know a lot of folks do
um-hum
yeah at least with the uh gasoline company credit cards you have you know up to thirty twenty five thirty days you know interest free for it
yeah
but you know the instant thing may be may may be the way of the future to you know to replace checks and every other thing
yeah that's what they've they've talked about it of course it eliminates any waiting period and God help those people who have to float checks occasionally because you won't be able to with that
yeah
it certainly does
absolutely
that's right do you get any sort of discount when you use a card like that
no
i see
oh it was well they consider it to be the same as cash
i see i see i
well because it actually is yeah it's better than cash
it certainly is yeah
uh-huh
they don't even have to deposit it it just goes straight in there
that's right no returned checks or anything
right
yeah
no i i understand it's becoming you know the popular thing to do we're not participating in that particular program at the moment and i don't really perceive doing it unless we absolutely have to
um-hum
but uh i have in times past gotten into a bit of trouble with credit cards it's just you know too easy to do
yeah but i'm so glad he told me that when that they they got to such a point with their credit cards they didn't want to cut them up because they were afraid sometime they might actually need them
that's right
they paid them off and then they stuck them in a thing of water and froze them
she said at least before she could use them she'd have to thaw them out i mean that's funny
well that's a novel idea yeah that would cause you think a little while wouldn't it
that may not be a bad idea
but i'm kind of
getting a little more leery of credit cards you know as time goes by unless you just absolutely have to now there are times when you'd at least think you do anyway
yeah
yeah i i want to still have just one just in case but i'd sure want to get the get it paid down and not use it for a while
so we
yeah
yeah
yeah
that's right my wife and i really i guess are fortunate we're really not compulsive shoppers you know we we plan purchases you know pretty well you know watch for the best buys things like that
um-hum
but uh some people have a real problem with it
yeah well our our limit is you know fairly low
uh-huh
and uh so that's that's one thing that's good
sure absolutely
yeah
oh i've got another call
oh i'm sorry
it was nice talking to you
okay
take care
all right bye-bye
bye bye
