Video Podcast: Credit Cards Are Evile (Sometimes)
There’s a slight chance that you’ll watch the video and laugh. Or be jealous that the Estes Park area is beautiful - pay cash and go visit Estes Park, CO.
This podcast is about how credit cards are not a great choice for most people most of the time.
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April 7th, 2008 at 5:06 pm
Sometimes i hestitate to tell folks how my credit card pays for our vacation every year. Each year we earn enough “points” to get seven (or more) certificates for a nights stay at a Marriott/Fairfield Inn. We pay for nearly everything with a credit card.
The catch, of course, is that we pay it off every month. No exceptions.
April 8th, 2008 at 7:22 am
James, as this video implies: credit cards can be evil. This video series was focused more on teenagers (and anyone else) who might not have self control, and therefore find themselves in a lot of debt due to a lack of foresight with credit use. There are a bunch of folks out there who maximize their rewards and do well with it. Unfortunately in my current state that would be a poor choice. Maybe in five years I could work that out OK.
I’m working on a post about my modified view on credit cards (from absolutely evil all of the time to potential money makers in the right financial plan and system).
Thanks for commenting!
April 24th, 2008 at 5:27 pm
Amen brother!