http://frugalbabe.com/2007/11/04/a-new-credit-card/ A rich life without a lot of money Fri, 05 Dec 2008 08:46:34 +0000 http://wordpress.org/?v=abc http://frugalbabe.com/2007/11/04/a-new-credit-card/#comment-15419 FrugalBabe Mon, 05 Nov 2007 16:22:47 +0000 http://frugalbabe.com/2007/11/04/a-new-credit-card/#comment-15419 Govern, perhaps you need to go back and read a few more of my posts. We put EVERYTHING on a credit card. And we pay it off every month. Always have, always will. The only time in my life that I have had any debt was when my husband and I started our own business. We put a lot of business expenses on credit cards, and it took about three years to pay them off. That's it. I have never had a car loan, worked my way through college, so no student loans, and we have never had consumer debt on a credit card. The Discover Card we were paying off was a zero percent interest offer that we had used when we were paying off business debt. There was no consumer debt on that card. We will continue to put all of our expenses on our Visa. I check the transactions every day, and we pay off the balance in full every month. And they give us cash back. We will do the same thing with the AmEx, only it will be just at Costco. We've had the card for a month now, and have used it once - at Costco, spending about the same as we always did when we took the checkbook to Costco. It's true that for a lot of people, credit cards are a trap, because they feel like they're not spending "real" money. But if you've read many of my posts, you'll see that we don't tend to spend much money period. Cash or credit, it doesn't matter. Govern, perhaps you need to go back and read a few more of my posts. We put EVERYTHING on a credit card. And we pay it off every month. Always have, always will. The only time in my life that I have had any debt was when my husband and I started our own business. We put a lot of business expenses on credit cards, and it took about three years to pay them off. That’s it. I have never had a car loan, worked my way through college, so no student loans, and we have never had consumer debt on a credit card. The Discover Card we were paying off was a zero percent interest offer that we had used when we were paying off business debt. There was no consumer debt on that card.
We will continue to put all of our expenses on our Visa. I check the transactions every day, and we pay off the balance in full every month. And they give us cash back. We will do the same thing with the AmEx, only it will be just at Costco. We’ve had the card for a month now, and have used it once - at Costco, spending about the same as we always did when we took the checkbook to Costco.
It’s true that for a lot of people, credit cards are a trap, because they feel like they’re not spending “real” money. But if you’ve read many of my posts, you’ll see that we don’t tend to spend much money period. Cash or credit, it doesn’t matter.

]]> http://frugalbabe.com/2007/11/04/a-new-credit-card/#comment-15413 Govern Mon, 05 Nov 2007 10:31:29 +0000 http://frugalbabe.com/2007/11/04/a-new-credit-card/#comment-15413 you just finished paying off your discover card on aug 29, 07 and barely one month later you get a costco am ex? statistics prove that people overspend by 13% using any charge card. 1% back encourages people to spend more. why don't you reread your own posts, esp Maxxed Out. Fools are born every day. you just finished paying off your discover card on aug 29, 07 and barely one month later you get a costco am ex?
statistics prove that people overspend by 13% using any charge card. 1% back encourages people to spend more.
why don’t you reread your own posts, esp Maxxed Out.
Fools are born every day.

]]> http://frugalbabe.com/2007/11/04/a-new-credit-card/#comment-15400 Ed Mon, 05 Nov 2007 03:45:56 +0000 http://frugalbabe.com/2007/11/04/a-new-credit-card/#comment-15400 Don't forget to get the Executive Card -- 2 more percent back. Don’t forget to get the Executive Card — 2 more percent back.

]]>