Quote:
Originally Posted by Run Silent
Yup - I agree. For what it's worth - I don't borrow money. Period. All my cars, houses, and all other expenditures or assets have been paid for in cash.
I will take advantage of some credit card offers though, but I will use them and dump them. Case in point:
Taking the family to Disney next spring. Capital One had a program were you got 50,000 points (worth 0.01 each) if you spent $3K in the first 90 days. So I opened the card, paid for the hotel and park tickets with it, then used the points I earned (total of about 56,800) from those purchases to credit the balance as a (purchase eraser) for a total of $568. Paid the remaining balance the following week and cancelled the card. Took me a week and about 30 minutes of my time and managed to bilk them out of over five hundred bucks.
 |
Should have kept the card until you finished your Disney trip. They give you an additional 10% off park purchases.