Quote from: Storx on April 16, 2018, 02:47:52 AM

Quote from: philipma1957 on April 16, 2018, 01:51:40 AM

@ storx I am good really good with cc's

but you are better.

I am 820 rating.

I earn a few thousand a year in

cc rebates
ebay ebucks
mr rebates
ebates
bing searching.

My first 22 years of cc use I never paid interest no 1 penny 1 time.

I have now paid about 1000 in fees and interest after 35 years of cc use.

I estimate 2 x 32 = 64k in pay backs.

Oh coupons at supermarket I was very extreme.

A minimum of 20 or 30k . 1986 to 2018

all told close to 100k in 32 years.

Ya to most people, they think credit cards are bad and they use them in the wrong way, the purchase stuff on them that they dont currently have the money to payoff within a month, so it sits there and collects interest every month.

Me personally i live my life thinking, if im doing something and i cant already use a credit card to reduce the cost of it, then i need to find one and add it to my arsenal.

I would say using credit cards smartly reduces my overall expenses by 28-30% every year in most cases. lately with all the large expenses, ive been declined from signing up for multiple high rewards cards in a single year, but usually when i cancel them a month or 2 later they are welcome to offer me the same deal back or possibly a better one. Because i use so many credit cards, i get like 200 letters a month in my mailbox trying to talk me into signing up for such and such credit card, its gotten a little out of hand really on the amount of credit card offers i get these days...its almost as if these companies are begging me to take their money from them lol....

Lets just do the math, based off the latest statistics from the government, in 2017, the average family in USA spent $63,784 on bills for the year...

If they were smart enough to use credit cards wisely, they could have reduced that by 20-30% from rewards and credits....

20% thats $12,756.80
or
30% thats $19,135.20

Just using credit cards wisely, thats like getting a promotion for an extra $19,000+ a year... instead they just throw it away and overwhelm themselves with stuff they purchased for nearly full price.

I do have to admit, i miss the days of using ebay bucks, it seems they kinda gone to the wayside with mining popularity...

Coupons, i rarely use them anymore, i just find them to time consuming to deal with these days and just deal with the cash back on my credit card. I have a pretty set life on things i eat, so if i so happen to see one for something i regularly eat i use it, but i stopped doing extreme couponing, because i found myself spending more in the long run on a bunch of stuff i would possibly never use that just sits on a shelf in my house and collects dust.

A while back i made the point of over a few months i made meals with everything i had saved up in my cabinets and pantry i bought from my days of extreme coupon shopping, i was amazed i was able to eat from all these things i had sitting around for nearly 3 months before i finally ran out of food. Many of them i ended up throwing away because the best by dates were a few years old... just wasted money on food i thought i would eat and never did...

I remember buying 20-30k a day in visa gift cards then cashing them all in all using 5% rewards cards. so much money back then. People thought I was laundering money lol. Love CC rewards and using them to the max. love love love. The good old days are gone but there's still a lot of good that comes from them!