No. of Recommendations: 7
Hi Churchy,

Please take your time rereading my posts, because you misunderstood them. My postings were intended for those who use debit cards or write checks to pay expenses, not investment comparisons.

All things being equal, if you use a debit card to pay for $10,000/mo. in expenses; whereas, I use a cash-back credit card to pay for $10,000/mo. in expenses, I'll be $1,200 richer than you, at the end of the year. (Assuming the cash-back credit card pays 1% on every purchase, has a 30-day grace period to allow monthly balance pay-offs with no interest charged, and no annual fee.)

There, now you can afford to buy a couple of extra shares of Apple, a year from now.

Richard
Print the post  

Announcements

UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.