Blogging Away Debt

Total Credit Limit $57,000 vs. Total Income $45,000

One thing I will never understand about credit card companies is why our credit limits are so high. Credit Card #2 just kept raising and raising my limit when I was near my limit (which was often). It started off at $500. Then they kept raising it and before I knew it – my credit limit was more than I made in a year.

Out of curiosity, back in March(when I was close to the credit limit) I checked to see if I could get an instant credit line increase with Credit Card #2. They offered to give me $1,500 more, which I declined. Just the other day (since paying off such a large amount) I tried again and they wouldn’t give me an instant increase.

What that confirms with me is that some credit card companies are sneaky. They see you are spending and give you more. They see that you are paying it off and they won’t give you any more.

Interesting, to say the least.

Time to Share Some More Quotes that I Enjoy

by Tricia

“Instead of focusing on the amount of money lacking in your budget, focus on what you DO have: a willing spirit, an imagination filled with bright ideas, people who care about you and can perhaps help you in some way. These are the things that will enable you to do almost anything.”

– Phil Keoghan, No Opportunity Wasted

“Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence.”

– Helen Keller

“It doesn’t make any difference whether what you face is something that affects your work, your personal relationships, your sense of security, your appraisal of self-worth, or your appearance–the way you think about your situation largely determines whether you will do anything about it and what you will do.”

– Dr. Arthur Freeman