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  Reply # 1122582 5-Sep-2014 14:46
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Satch:
tdgeek: LOl I was joking!!  But thats ok, its funnier now that you gave a serious and lengthy answer. It must be Frideee!


Apologies.  It's sometimes hard to pick up tone.  Thought you might have been extracting the urine out of me.

My (and jonathan18's) solution isn't for everyone.  Requires a little discipline.  But reaps great results if you stick with it.  If only I could control my impulse spending....

I like the idea, but what are the "great results" you talk about, other than stopping you spending money you might otherwise spend? I'd really like to see either of your spreadsheets (template form, obviously). I wonder if it would change my habits. Do I even want to change them? As I said above, I like to think my wife and I are already both reasonably sensible so the best it could do is encourage me not to buy the things I want, and why would I want that?

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  Reply # 1122653 5-Sep-2014 16:29
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Stan: Do those in retail have a moral obligation to not sell to those who can not afford it? Not in my opinion I would suggest the finance company has 100% of the burden here because you can not tell peoples financial position by taking to them. 


If you've ever done a Q Card application you'll know that you ask for their income, savings and housing situation (among many other things). That definitely puts it to an extent on the store employee

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  Reply # 1122660 5-Sep-2014 16:38
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P1n3apqlExpr3ss:
Stan: Do those in retail have a moral obligation to not sell to those who can not afford it? Not in my opinion I would suggest the finance company has 100% of the burden here because you can not tell peoples financial position by taking to them. 


If you've ever done a Q Card application you'll know that you ask for their income, savings and housing situation (among many other things). That definitely puts it to an extent on the store employee


They ask for income (place of work) and housing situation but not savings. I disagree it doesn't it puts it on the person doing the application and the finance company. 
I guess if you didn't want to work at said store then denying them because you thought they were too poor would be a easy way to get fired.

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  Reply # 1122673 5-Sep-2014 16:52
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Stan:
P1n3apqlExpr3ss:
Stan: Do those in retail have a moral obligation to not sell to those who can not afford it? Not in my opinion I would suggest the finance company has 100% of the burden here because you can not tell peoples financial position by taking to them. 


If you've ever done a Q Card application you'll know that you ask for their income, savings and housing situation (among many other things). That definitely puts it to an extent on the store employee


They ask for income (place of work) and housing situation but not savings. I disagree it doesn't it puts it on the person doing the application and the finance company. 
I guess if you didn't want to work at said store then denying them because you thought they were too poor would be a easy way to get fired.


They probably don't ask for savings, because if you have substantial savings you probably wouldn't be applying in the first place, considering it will cost more than if you paid cash due to the fees

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  Reply # 1122678 5-Sep-2014 17:00
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mattwnz:
Stan:
P1n3apqlExpr3ss:
Stan: Do those in retail have a moral obligation to not sell to those who can not afford it? Not in my opinion I would suggest the finance company has 100% of the burden here because you can not tell peoples financial position by taking to them. 


If you've ever done a Q Card application you'll know that you ask for their income, savings and housing situation (among many other things). That definitely puts it to an extent on the store employee


They ask for income (place of work) and housing situation but not savings. I disagree it doesn't it puts it on the person doing the application and the finance company. 
I guess if you didn't want to work at said store then denying them because you thought they were too poor would be a easy way to get fired.


They probably don't ask for savings, because if you have substantial savings you probably wouldn't be applying in the first place, considering it will cost more than if you paid cash due to the fees


Not correct. Its not only people on low incomes that buy things with finance cards. The majority would actually be young families I would estimate 60%+ own there own home.

I personally use mine for various things dentist etc I mainly swipe it as it gives me roughly double what my credit card dose interest free with 0 fees (aside from the yearly fee to keep it alive) so I can keep my money in my offset mortgage account instead.

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  Reply # 1122680 5-Sep-2014 17:08
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Stan:
mattwnz:
Stan:
P1n3apqlExpr3ss:
Stan: Do those in retail have a moral obligation to not sell to those who can not afford it? Not in my opinion I would suggest the finance company has 100% of the burden here because you can not tell peoples financial position by taking to them. 


If you've ever done a Q Card application you'll know that you ask for their income, savings and housing situation (among many other things). That definitely puts it to an extent on the store employee


They ask for income (place of work) and housing situation but not savings. I disagree it doesn't it puts it on the person doing the application and the finance company. 
I guess if you didn't want to work at said store then denying them because you thought they were too poor would be a easy way to get fired.


They probably don't ask for savings, because if you have substantial savings you probably wouldn't be applying in the first place, considering it will cost more than if you paid cash due to the fees


Not correct. Its not only people on low incomes that buy things with finance cards. The majority would actually be young families I would estimate 60%+ own there own home.

I personally use mine for various things dentist etc I mainly swipe it as it gives me roughly double what my credit card dose interest free with 0 fees (aside from the yearly fee to keep it alive) so I can keep my money in my offset mortgage account instead.


When I meant savings, I meant that the person would either not own a house, or would be mortgage free. Because if you own a house with a mortgage, you effectively owe more money  than you have saved, even if you do have savings too. You do have the house asset, but that isn't very liquid which maybe worth more or less than the amount owning on it.



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Reply # 1122720 5-Sep-2014 19:19
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You lot really know how to take a discussion and run as far into left field as possible...

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