Except that the lure of cash back gets people to spend more than originally would have. The CC card companies aren't doing it out of the goodness of their hearts. They sure as heck aren't losing money on it.But NOT using a credit card with cash back seems stupid. It's free money to use on other purchases. 2% on what we spend a year is about $700 in cash back. Not a lot but not trivial either.
Most government programs are designed to keep poor people poor.So...the dems are finally upfront about hating poor people, got it
This sounds a lot like "people who own guns are 8 times more likely to commit suicide."Credit cards can absolutely be used responsibly, but they also offer a very quick path into debt. It's like keeping a baby rattlesnake in your wallet. It's only a matter of time until it turns and bites you. The only question is how bad the bite will be.
i guess you missed the repeated "paid off every month" and "only buy what we can pay cash for" part of that. Sure, there are irresponsible people everywhere, but to turn down free money seems silly to me. I can guarantee you they are NOT making money off of us as we've never had a single penny of interest on any of our cards. Zero debt means just that, we have zero debt. The money on the credit card is covered in the checking account.Except that the lure of cash back gets people to spend more than originally would have. The CC card companies aren't doing it out of the goodness of their hearts. They sure as heck aren't losing money on it.
Ramsey Solutions did the biggest study of millionaires ever done. They surveyed more than 10,000 millionaires on dozens of data points to look at behavior that builds wealth. Out of those 10k millionaires, not one of them said they built their wealth through cash back, credit card points or airline miles. Not one.
I don't begrudge or look down on anyone who uses debt or credit cards. And Lord knows I've done more than my fair share of dumb stuff with money and bought things I didn't need. It's a free(ish) country and everyone gets to choose how they handle their money. But pretty much every data point shows that eliminating debt and freeing up your income is the quickest way to build wealth.
Credit cards can absolutely be used responsibly, but they also offer a very quick path into debt. It's like keeping a baby rattlesnake in your wallet. It's only a matter of time until it turns and bites you. The only question is how bad the bite will be.
I didn't miss that at all. That's not even what I replied to. I'm sure you do only buy stuff you have cash to pay for. And I'm sure you do pay off the balance each month.i guess you missed the repeated "paid off every month" and "only buy what we can pay cash for" part of that.
I cannot bring myself to even handle a HiPoint pistol.(No, seriously, I didn’t know HiPoint has a 10mm!)
"Life's too short to waste time on ugly guns".I cannot bring myself to even handle a HiPoint pistol.
It's just too damned ugly, and life is too short.
On the other hand, I have one of the HiPoint 10mm carbines and it is surprisingly well built, with the exception of the sights.
Don't underestimate Todd Young's penchant to vote for this crap . . . or the NRA to back it.This bill will die before it can gain any traction. Typical liberal crap. Like monkeys flinging poo.
I certainly do not. They are weasels always trying to claw their way into the 2A world. Todd has become a career politician. Like a reed he will bend to secure his own future.Don't underestimate Todd Young's penchant to vote for this crap . . . or the NRA to back it.