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kowgirl > Intel > Using Credit Cards to Make Money

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Using Credit Cards to Make Money

Did you know that there is a way to make money by using your cash back credit card responsibly?

Most people are saying credit cards are not such a great thing to have but when you learn how to use them they not only help you get a better credit rating, you can also earn money from them.

First I would suggest you start with a new credit card. Always look for the one that gives back the most in rewards when applying for one. Cash back is the best if you are looking to make money with your credit card.

You simply take the money you would normally pay for a purchase and put it in your bank or in a safe place to use when your credit card payment comes due in about 28 days.

This money will then be used to pay off your credit card in
full every month. There will be no interest to pay when you do it this way, so that will save some money.

Now every time you use your credit card it will earn you a "cash back" bonus. Over a period of time your cash back bonus will have grown to a substantial amount.

With the cost of gas and food it will not take long for your cash back to grow. BUT you must remember to always put the amount you charge on your credit card aside so you wont get
into debt with your card. The interest is what causes the most harm when using a credit card.

So why not get a new cash back credit card today and put it to work for you. If used in the right way you will have free money to spend for Christmas or in any other special way you choose.

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Contributed by kowgirl on May 10, 2008, at 1:04 PM UTC.

PLEASE VISIT THE CONTRIBUTOR'S WEBSITE
Did You Know?
Things you wern't taught in school.
i-know-do-you-know.blogspot.com

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the key is discipline and to view this as not free money but as an optimized consumer strategy. this can be good debt.

pinewater Mar 4, 2009 11:50

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