I want to follow up on my Greg debts video, and I want to talk about how I use credit cards and credit card companies.
I used a special credit card, a citi double cash card, and the reason I used it and how I used it was because all my purchases were made on that card, so I went shopping every day from Monday to Friday, Saturday, Sunday, and I used that card for specific reasons.
The Carter doesn’t offer you a cash rebate, it gives you 1%, when you make a purchase, when you pay off the purchase, it gives you another percentage, so you can effectively get a 2% return.
I’ve been using that credit card for 14 days throughout the week, and today I’m going to start using it, and I’m going to use it until I get paid within two weeks from now. It’s going to be two Fridays from now.
I paid for it that day, so I only used my credit card for two weeks, and I paid it every two weeks, so I did it to keep myself under control, and I didn’t like to lose control of my spending.
If I pay every two weeks, if I pay my credit card once a month, I can cut back even more because I clicked that month.
When I get paid, I pay off, which also lets me know how much money I can save, so I use it on my system, and there’s no need to do that, but it fits me.
What I do is when I pay my credit card every two weeks, and once I receive my statement, they generate the amount I receive based on my purchase, which is 2% of what I receive.
I take this 2% back and put it in my checking account. They can choose to apply it to your bill or give you their credit.
Another reason for my credit card situation is to use a 2% or more debit card. There’s nothing else in my credit report. If you want to get into the position you want, it’s important to buy a house or if you want to buy a car, you need a loan or you need a loan in an emergency.
People think about your credit, and if you don’t have anything, it’s hard for them to decide whether you’re trustworthy.
If you’re paying for a loan or not paying for a loan, this credit card gives it something every month that reports and appears there. If you can get paid for using someone else’s money, even for a short two-week period, why not?