No. of Recommendations: 0
wash a lot of business expense through their personal cards

This is a big help in hitting that $6500 mark... I had a couple of trips and high ticket purchases early in the year, so I hit the $6500 mark early.

I find that in my case even w/o the business expenses my normal monthly bills will get me to the higher tier--

Electric : $ 50
Home Fuel : $100 (on the budget plan that avgs monthly cost)
Cable/Internet: $100
Cell Phone : $100 (family plan that includes mom, dad, etc)
Grocery : $350 ($80-90/wk, includes beer :*) )
Car Fuel : $150
Work Food : $100 (company cafe takes amex, ~$5/day)
Misc/Entnmnt : $100
-----------------------
Total :$1050

I figure it takes just over 6 months to break even in my specific case, obviously doesn't work for everyone else or those who read the LBYM board closer then I do.

I find that 9/10 places that I go to will take amex, it's usually the smaller or non-chain places that don't accept it... the big disappointing one for me (as you pointed out) was my university, I spend about $4000/yr on night classes, half of which is at the beginning of the year...
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.