 Quote:
Originally Posted by FinanceGeek
Its all about how you handle credit - I get hundreds of dollars back every year on the 1% / 2% rebates that my credit cards offer.
My "lifetime cost of consumer credit" is running almost $10k in my favor.
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Plus, you get about a month 'float' before the bill is paid.
Plus, if you pay in cash, you would need to be taking that cash out ahead of time and keeping it on hand - lose another week or two on average? Wasted time actually getting the cash?
May not be much, but on top of the rebates, it's 'free money' - why not take it? Credit card gets used for everything that it can.
-ERD50
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