I do the same thing. The CC companies don't like it because they want that sweet, sweet interest. Financial responsibility -- i.e., not buying more than you can afford and going into debt -- interferes with their cash flow.
I try to pay cash to small and local businesses when I can. I understand the CC companies take something like a 4-5% cut when you pay by CC; for a small business working on slim margins, this can be brutal. If it's Wal-Mart or Amazon, I don't care; they can afford it.
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How can this be?
- JT, 2021-06-29, 09:40
- I swa an article on WSJ this morning - TM, 2021-06-30, 07:28
- Just bought a new vehicle - Tim Pence, 2021-06-29, 11:52
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I paid cash for my house
- Greg M., 2021-06-29, 10:36
- The system is predicated on debt - Dave H., 2021-06-29, 11:03
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WE USE CREDIT CARDS FOR EVERYTHING EACH
- JT, 2021-06-29, 10:40
- We do the exact same thing, - TM, 2021-06-30, 07:19
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I have never owned a credit card, I will admit to having a
- jthomson, 2021-06-29, 16:24
- Colleen and I travel a lot, her with her - Gary Reeder, 2021-06-29, 16:45
- Yep, me too we do the same thing (nm) - Grover Sr, 2021-06-29, 14:17
- Exactly - Greg M., 2021-06-29, 10:54