Money and Finance
In 2008 I wrote why I use credit cards here. Back then I had just two credit cards.
I still use Discover for most of my purchases as well as most of my online shopping. Usually they have 1% on most purchases and 5% on certain purchases which vary from month to month. With online shopping you can earn up to 20%. I pay my balance in full every month, so I never pay any fees.
Last year I earned $650 in different gift cards. So far this year I have gotten $300 worth of gift cards.
I usually get Lowes gift cards for my gardening. Starbucks for my daughter's Starbucks coffee addiction. Macy's, TJ Max, Bath and Body Work and Old Navy for shopping sprays and gifts.
If you don't have Discover card yet - here some advertising for you! :) Become a @Discover cardmember and you’ll get $50 Cashback Bonus with your 1st purchase within 3 mos. Click here
My second card is MileagePlus Master Card. I do not use this card much anymore. I only pay my electric bill with this card. It slowly accumulates some points. When I opened this card, I've got bonus points and I use it a lot. So way back before Discover card I accumulated enough points to pay for my mom's round air ticket to Russia. I believe now I have enough points for one USA travel ticket.
My third card is Kroger 123 rewards card. I use this card only for shopping at Kroger and for gasoline at Kroger gas station. It gives me a great discounts on gasoline, accumulates rewards points and very valuable coupons which are tailored to my purchases.
Last year I opened 3 cards with retailers.
Kohls. Kohls runs lots of promotions, such as $10/25, $10/50 or even $10/10 coupons, send bunch of extra coupons and I get extra 15-30% as a card member.
Victoria Secret. I mostly shop at VS when they have a good promotions. As an angel card member you get more coupons and promotions. So many more free panties and discounted bras. :)
Palais Royal. I was shopping at Palais Royal because they keep sending their $10/25 coupons and then one day when I found lots of stuff I liked, the cashier signed me up for the card for extra discounts.
As I mentioned early all my cards have no fees and I pay balance on each card in full. I use my cards very wisely. I am looking for another card to add, so I can utilize 5% offerings and earn more points.
By using various credit cards, I keep my balances low and it's actually good for my overall credit score.
Also I usually carry only one or two credit cards with me, keeping the rest at home. I plan my shopping trips and only take certain cards with me when I plan to use it.
You have to have self control and discipline in order to use credit card rewards without paying any fees or overspending.
- What Are You Doing With Your Tax Refund?
April 15th is fast approaching us. That wonderful deadline where that mysterious Uncle Sam that I've still yet to meet comes either asking for money or sends me a check. It's time to look at the ways you can use any refund coming your way....
- December Passive Income Progress
I started tracking my passive income this summer. My June passive income was $261.00 My July passive income was $209.67 My August passive income was 235.62 My September passive income was $212.97My October passive income...
- November Passive Income Progress
I started tracking my passive income this summer. My June passive income was $261.00 My July passive income was $209.67 My August passive income was 235.62 My September passive income was $212.97My October passive income...
- August Progress
I started tracking my passive income this summer. My June passive income was $261.00 My July passive income was $209.67 In August I bought more shares of MCD, GSK, and a new stock EC. I received $118.36 in Dividends income My dividend...
- July Progress
I started tracking my monthly passive financial inflow just last month. My June passive income was $261.00 This month I bought shares of DRI, MCD and GSK. I again received more than $100 in dividends! Total of $122.68 My dividend paying stocks were:...
Money and Finance
Why I prefer to use credit cards...
In 2008 I wrote why I use credit cards here. Back then I had just two credit cards.
I still use Discover for most of my purchases as well as most of my online shopping. Usually they have 1% on most purchases and 5% on certain purchases which vary from month to month. With online shopping you can earn up to 20%. I pay my balance in full every month, so I never pay any fees.
Last year I earned $650 in different gift cards. So far this year I have gotten $300 worth of gift cards.
I usually get Lowes gift cards for my gardening. Starbucks for my daughter's Starbucks coffee addiction. Macy's, TJ Max, Bath and Body Work and Old Navy for shopping sprays and gifts.
If you don't have Discover card yet - here some advertising for you! :) Become a @Discover cardmember and you’ll get $50 Cashback Bonus with your 1st purchase within 3 mos. Click here
My second card is MileagePlus Master Card. I do not use this card much anymore. I only pay my electric bill with this card. It slowly accumulates some points. When I opened this card, I've got bonus points and I use it a lot. So way back before Discover card I accumulated enough points to pay for my mom's round air ticket to Russia. I believe now I have enough points for one USA travel ticket.
My third card is Kroger 123 rewards card. I use this card only for shopping at Kroger and for gasoline at Kroger gas station. It gives me a great discounts on gasoline, accumulates rewards points and very valuable coupons which are tailored to my purchases.
Last year I opened 3 cards with retailers.
Kohls. Kohls runs lots of promotions, such as $10/25, $10/50 or even $10/10 coupons, send bunch of extra coupons and I get extra 15-30% as a card member.
Victoria Secret. I mostly shop at VS when they have a good promotions. As an angel card member you get more coupons and promotions. So many more free panties and discounted bras. :)
Palais Royal. I was shopping at Palais Royal because they keep sending their $10/25 coupons and then one day when I found lots of stuff I liked, the cashier signed me up for the card for extra discounts.
As I mentioned early all my cards have no fees and I pay balance on each card in full. I use my cards very wisely. I am looking for another card to add, so I can utilize 5% offerings and earn more points.
By using various credit cards, I keep my balances low and it's actually good for my overall credit score.
Also I usually carry only one or two credit cards with me, keeping the rest at home. I plan my shopping trips and only take certain cards with me when I plan to use it.
You have to have self control and discipline in order to use credit card rewards without paying any fees or overspending.
- What Are You Doing With Your Tax Refund?
April 15th is fast approaching us. That wonderful deadline where that mysterious Uncle Sam that I've still yet to meet comes either asking for money or sends me a check. It's time to look at the ways you can use any refund coming your way....
- December Passive Income Progress
I started tracking my passive income this summer. My June passive income was $261.00 My July passive income was $209.67 My August passive income was 235.62 My September passive income was $212.97My October passive income...
- November Passive Income Progress
I started tracking my passive income this summer. My June passive income was $261.00 My July passive income was $209.67 My August passive income was 235.62 My September passive income was $212.97My October passive income...
- August Progress
I started tracking my passive income this summer. My June passive income was $261.00 My July passive income was $209.67 In August I bought more shares of MCD, GSK, and a new stock EC. I received $118.36 in Dividends income My dividend...
- July Progress
I started tracking my monthly passive financial inflow just last month. My June passive income was $261.00 This month I bought shares of DRI, MCD and GSK. I again received more than $100 in dividends! Total of $122.68 My dividend paying stocks were:...