prepaid expenses are expected to become more and more expected because they are already out there. In other words, there’s no way to avoid them, but you can be smarter about when you see them coming.
If you want to be prepared for the unexpected, you should be making regular purchases and planning for them. If you’re already making regular purchases and then something happens to you, you have to be prepared for the unexpected. Prepaid expenses are going to happen to you.
I’m not just talking about when you can get your next paycheck or your next credit card bill. Prepaid expenses are going to happen to you. This is a common belief, but it’s not true. In fact, prepaid expenses are actually not that common. In fact, most people don’t realize they have prepaid expenses because they are usually so small that they can be overlooked.
That’s what I was talking about yesterday. Your expenses are going to happen. But this is why I believe prepaid expenses are not all that common. You usually spend all of your time trying to figure out how to pay for something, or how to cut your expenses. When you have prepaid expenses that are just so small, you just can’t see them. And then you end up paying for them.
To me, prepaid expenses are when you have a debt that you can easily pay off. You can always pay your credit card off in 30 days. But that’s just not how most people handle prepaid expenses. Many people are not used to paying off their debt, so they try to pay it off in 30 days, then they look at their prepaid expenses and just say “OMG I need a new phone”.
The reason I don’t have an prepaid expense list is because I don’t have a car. I just got a car. I can’t get my money here, so I pay it off. Then I pay my credit card back. It’s really tough to get a car here. But I can get a car here, so I can pay my credit card. So I am not going to pay my own car. So I am the only person who can get my money.
This is pretty much like going on a debt consolidation company that you end up paying off in half a year. Paying off your credit card in 30 days is much easier than paying off a debt in half a year.
Some of it is because in the West, prepaid expenses are a relatively new thing, but most of it is because the economy has gotten so bad that the people who earn a lot of money are just not making enough to meet their expenses. For example, people with high incomes have to pay out of pocket for their credit cards instead of having a savings account. It’s become a very dangerous game for the people who make a lot of money.
Credit card payouts can also be very dangerous because they often don’t show up until after the debt is paid off. As a result, people with credit cards end up with more money than they can afford and are often unable to pay it off even when they do have to.
People with high incomes and little savings tend to do poorly. So they use credit cards for things like a trip to a nice restaurant, an amusement park, or a vacation. But what happens if they have to take out loans to pay for their kids’ college, or pay back what they owe on a credit card? It’s a bad time to be in debt.