|
Droo posted:He didn't climb out of debt, his wife inherited like $750k and they paid it all off along with the mortgage. I dropped the limit on my cash back rewards card to $5,000. My wife is asking I close the other two, so I will. I had also thought of cycling the bills through the card to run points up as well. It's something like a 1% card by my math. It's also my oldest account with the lowest interest.
|
#
?
Oct 22, 2016 23:21
|
|
|
|
| # ? May 1, 2024 07:48 |
|
|
Realize that if you pay off the statement balance each month, you'll never be charged a cent of interest and therefore the rate won't actually make a difference. Many cars let you set up auto draft payments for the statement balance which will almost guarantee you never accrue interest, unless there's a bank or account error. But if you don't trust yourself with cards, get rid of them to completely eliminate the possibility of loving up with regard to them.
|
|
#
?
Oct 23, 2016 02:03
|
|
