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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (22516)	8/12/2002 7:40:03 PM
From: Cogito Ergo Sum	Respond to of 74559

Hi Maurice, hat's because there have been changes which make credit more attractive than writing cheques Couldn't agree more. I'm still using company cheques from 1999 to pay subs and maybe 10 personal cheques yearly.. Almost all my spending now is on credit card. Easy to reconcile, track, and simply download the data directly into Quicken or MS money etc.. categorize and you're done. Other things are paid by direct debit or on te net (eg the credit card bills themselves). Still can't download my investments, but that's coming. Like you and Snowshoe suggest I pay anything I can by credit card, get my points and pay the balance off monthly so I guess I'm skewing the stats. A more meaningful measure might be to track total interest paid vs money borrowed on a rolling 12 months. You'd see the stale money soon enough. regards Kastel