How credit cards could help you reach FI

Financial independence is a central theme of this blog because it's such a powerful concept. And guess what? Credit cards can help you get there. Of course, I always have to qualify these statements by saying that credit cards are not without risk. I'd be remiss to recommend even more cards if you currently hold the average household credit card debt of $8,6836. Your focus in that case should obviously be paying down debt, perhaps…

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Credit cards and the credit conundrum

Let me preface this post by saying that I am definitely not perfect - and that includes my finances. For example, I am currently leasing a car. I have my reasons for that, but it admittedly is not helping my path to FI. I also go to restaurants several times per week. These are things I need to improve. I'm pointing this out because I have heard that people reading personal finance blogs sometimes get…

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Credit Card Rewards: An Update

In an earlier post about credit cards, I talked about their pros and cons. Additionally, I touched upon the rewards of which I am currently taking advantage. Well, I am always looking to make improvements to my finances. I like to think we're all a work in progress to some extent. And, since I no longer have any interest-accruing debt, I have started to dive deeper into credit card rewards. I've already started to make…

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Why Google Pay is More Than Just a Gimmick

How many of you have experienced this: you pull up your credit card statement online, and immediately notice some transaction you don't recognize? Luckily, Google Pay can actually help with that. I've had unrecognized transactions a few times, and I know I'm not the only one. Sometimes when that happens, it could be that it's something you really┬ádid buy, and you just forgot about it. Again, yours truly is guilty of that. Other times, though,…

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Should you use credit cards? Maybe, maybe not

Credit cards are an interesting concept. There are lots of products out there that could be considered both the cause of and solution to all of life's problems. But you know what? I don't consider credit cards to be one such product. These little pieces of plastic can┬ácause a myriad of problems. They make it far too easy to spend money you don't have. Especially now, with sites like Amazon to tempt us. People are…

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