Quote:
Originally Posted by JasonCSU
Quote:
Originally Posted by PoorLurker
seriously!
Credit cards are lame!
People always paying for starbucks and other coffee they can't afford just to look cool!
Cash or nothing! I don't need to front. You should see all the looks of admiration when I pay for cash. It speaks volumes.
Speaking of volume. .. Once paid for a calzone using coins. People were like dang - this is a man who knows his money.
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I don't understand the misconception some have over credit card use. Many of us aren't using them to pay for things we can't afford. The cards are used for regular day to day purchases and are paid off each month. Essentially, it is like using cash without having to carry cash, while also having the opportunity to earn points for travel or cash back, and having the various consumer protections provided by the credit card companies. |
Average household in USA has $7k'ish in Credit card debt
20% know about this hobby, how to maximize the return and benefits
1 card for rental car insurance, 1 card for grocery store, 1 for paying utilities cellphone etc
3,4 sometimes 5xs per dollar
Much much more than a point per dollar and some nice signup bonuses
In the late 1990's bank of Boston gave me a t shirt for opening a new card! Now I will not look twice @ the offer without seeing a $500 bonus