I need a new car

My current car is a 1976 Holden Kingswood.

It’s been in my family for 27 of it’s 29 years. I was the third generation to take possession of the heirloom late in 1999 when it had an amazing 90,000kms on the clock. The car was almost imaculate. Anyone that’s looked under the bonnet of an old Holden would be amazed when I tell them that at 90,000kms the old 202 motor was not leaking a drip of oil….. Things have changed.
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Scary Credit Card Fact

Say you have $3,000 in debt on a credit card with a 15 percent interest rate. If you only pay $75 per month on the card, and you never again add to the card’s balance, you’ll pay off the card in 18 years. And you’ll also pay $2,757.81 in interest! Ouch.

Read the full story Here

Do I want to borrow more money at an exhorbinant rate?

Gold Card One sent me a limit increase offer this week, from $8,000 to $11,500.

The only reason I am recording this is it’s an easy way to see how many limit increase offers I recieve in a year.

They politely let me know that the limit increase is pre approved, just sign here.

But in what could possibly be construed as a socially responsible policy they remind me that the minimum monthly payment would increase from $160 to $230, and ask me to declare that I can cope with this increase without substantial hardship.

It’s in the bin.