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Personal Finance and Investing

A HERETIC I AM

(24,599 posts)

5. One thing to look into is a rewards type credit card

Reply to steve2470 (Reply #4)

Wed Nov 5, 2014, 04:57 PM

Nov 2014

That is a credit card that gives points or hotel stays or some sort of redeemable award for every dollar spent. Paid off every month this serves both the purpose of increasing one's credit score and allowing for a trip to Hawaii as an example

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16 replies

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Highlight:

Economic survival advice: what would you tell young people these days ? [View all] steve2470 Nov 2014 OP

I'd tell them never to use a debit card to pay for things. SheilaT Nov 2014 #1

nothing like the feeling of hard cash leaving your fingers lol steve2470 Nov 2014 #2

"Pay yourself first" A HERETIC I AM Nov 2014 #3

good advice ! steve2470 Nov 2014 #4

One thing to look into is a rewards type credit card A HERETIC I AM Nov 2014 #5

more good advice, I have one myself, thanks ! nt steve2470 Nov 2014 #7

I tell them to put as much down for those big-ticket items as possible--..... lastlib Nov 2015 #16

I want to emphasize how important it is to pay as many things as possible with cash. SheilaT Nov 2014 #6

I gave him my old car, totally paid off and totally fixed up to boot steve2470 Nov 2014 #8

Excellent! SheilaT Nov 2014 #9

Two things jeffrey_pdx Nov 2014 #10

good advice ! nt steve2470 Nov 2014 #11

I wish someone had gave me that advice. jeffrey_pdx Nov 2014 #12

Just from personal experience jeffrey_pdx Nov 2014 #13

Instead of a cash gift start a savings account for them that pays some interest. Sunlei Jan 2015 #14

What others have said about saving. SheilaT Jan 2015 #15