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Why I Don’t Use Credit Card Rewards Programs

Prairie Eco-Thrifter

Credit card rewards programs are no different. The rewards encourage you to charge things on their card. carries credit card debt of $15,325, although that figure is somewhat skewed by a small number of extraordinarily debt-stricken families and couples.”. We prefer not to use credit.

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Reasons to Avoid Debt in 2014

Prairie Eco-Thrifter

I’m sure you’ve heard: household debt is on the rise and consumerism is everywhere. Between credit card offers in the mail promising great rewards and the ability to borrow money for next to nothing, debt can be enticing. My experiences with debt have been 100% negative. Debt is exhausting.

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What Money Advice Would You Give Yourself If You Could Go Back in Time

Prairie Eco-Thrifter

Or put yet another trip to Las Vegas on the credit card. Me from 15 years ago would get an earful about what not to do, and advice on budgeting and saving and staying out of debt. By then, I was married, raising a toddler, our family was paying down debt and I was practicing much better financial discipline.

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Best Credit Cards – December 2023

Savings Corner

The bank that issued your credit card sends money for the purchase to the merchant where the transaction took place. The transaction shows up on your credit card statement, and you repay the bank for the purchase. Rewards come in two basic flavors: Cash back. Here are the major types of credit cards.

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Why I Don’t Use Cash Back Credit Cards

Prairie Eco-Thrifter

states: “Because these programs are incentives for consumers to use their credit cards in lieu of cash or debit cards, they generate increased merchant fees for the credit card company and may also cause some consumers to increase their debt, providing yet another source of revenue for the credit card company.