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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: MichaelSkyy who wrote (98138)	2/1/2005 5:38:24 PM
From: Ilaine	Respond to of 793964

Yes, if you have good financial discipline the method you describe makes sense. I know a guy who charges his daughters' tuition and then pays it off with cash, just to rack up the frequent flier miles. But the people I counsel do NOT have good financial discipline, and pay huge chunks of their income to service credit card debt. They don't get ahead, ever, but keep falling further behind.

To: MichaelSkyy who wrote (98138)	2/1/2005 5:39:13 PM
From: DMaA	Read Replies (2) \| Respond to of 793964

Same with us. It's just so much more convenient. Then we carefully pay it all off each month. I've read the credit card companies call people like us "dead beats". But they keep upping our limits. One caveat, you've got to cut the check the day the bill comes in the door. They've really cut back on the period of time you've got to get the payment in.