Thread: Investing 102
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Old 08-29-2014, 01:51 PM
srh3trinity srh3trinity is offline
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Quote:
Originally Posted by 96z28ss View Post
I used to be the same way use cash for all the small stuff. Now I use plastic for as much as I can. I have credit cards with all the Airlines I use. That way I'm getting some flyer miles with every purchase. I flew to Cabo for $80 and I flew to Dominican Republic for $110.
I few years back I used to have a GM card that I'd used to use the money earned towards vehicles.
I use plastic as much as possible. I get 1.5% cash back with my current card. I don't keep a balance and I pay off the bill at the end of the month. There are some things that it doesn't make sense to use it for, for instance, I tried to pay my mortgage with a credit card, but they charge a fee that worked out to around 2.5% to do so. The cash back rate didn't justify it.
I use that 1.5% cash back for car parts.
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