Re: Credit cards don’t cause debt, people do

Dennis — Fri, 03 Aug 2007 01:08:30 -0000

I love my rewards cards too. I spend it on everything.

I also got a Discover card with 0% interest for 12 months. I'm planning on keeping a balance on the card for the entire 12 month period. With the money I would have spent in place of the credit card, I will be placing it in a high yield savings account and in the stock market. My hope is that I earn interest in the 12 month period. On top of the rewards I get, this is a source of extra cash for just being financially responsible!

Re: Credit cards don’t cause debt, people do

FourPillars — Fri, 03 Aug 2007 00:28:37 -0000

Great title! Lol.

This is a really good idea - I got my first card in college (or university as we call it) and used & abused it to no end. Maybe if I had a bit of training with the thing in high school it might have worked out better.

I'm definitely doing this with my son!

Mike

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Re: Credit cards don’t cause debt, people do

Re: Credit cards don’t cause debt, people do