That’s the biggest debt I can ever have in my life. I have to buy one because the rent that I am paying is the same cost if I buy a house. So why should I pay for somebody’s mortgage right? I don’t have any educational Debt because I finish my college in the Philippines. Education there is very cheap.
Second, about buying clothes, I can buy them but I love wearing hand me down clothes from other people. I still get hand me down clothes from my relatives and check which one fits me, then those that won’t fit me I send them to Goodwill. That’s one thing about me, I don’t get embarrass living a simple and frugal life. Vacations – I always look for hotels that are on sale wherever we go! Even in Manhattan, NY I was able to secure a sale hotel that we stayed for 5 nights. Credit Card Loan – the only big purchases that I put on my Credit Card are the ones with 0% interest.
I can splurge for other people, but I try to contain my debt and expenses as much as possible. I live with my means and that’s how I am when I was still in the Philippines, and now this is my 4th year in America – I am still the same person.