Already a member?

Click here to login

Welcome to Brazen Careerist!

Jason Unger is using Brazen Careerist to share ideas. Join now to become a member and start networking with Jason Unger and other professionals just like you. Learn more.

One of the bigger "disagreements" in the personal finance blogosphere is whether or not it's better to pay for everything with cash, use a debit card, or rack up rewards on your credit card (if you pay your balance off each month).

Posted On 04.07.08

Comments

Editor's Note: Inappropriate comments that are offensive to the author or not in context to the author's post will be removed. For editorial feedback, please contact our Community Manager through his user profile. Click here.
Anna
April 8, 2008 3:06 pm

When you're using only cash, you've got no way to track your spending habits (unless you write everything down--and who does?). You're also more susceptible to loss and cashier error. If you have the willpower to control your spending, there are more efficient ways to spend.

Matt Bingham
April 8, 2008 9:00 pm

It's all preference. If you have the willpower you should use a credit card for everything. From going out to dinner to buying toothpaste. Reason being is that there are so many CC companies that offer rewards. You are missing out on free money. That is, if you pay your balance off every month. That's the kicker. Things that you would buy anyway...and if you treat your CC like you debit card you will reap the benefits. Treat it like an income stream and you will...well, you won't be happy for long.

Got Something To Say?

Got Something To Say?

You Must Be Logged In To Comment
Not a Member? Brazen Careerist is a career management tool for next-generation professionals. Set up a free account today to comment on this post and start sharing your ideas. Learn more.

Today's Top Idea


Don’t judge based on popularity or blind reciprocity, instead make sure they “get it” and just as importantly, that their followers “get it”. More...

Brenton Gieser

hiring-241x300.jpg
avatar2.jpg
imagesCA98369U.jpg

Grad School Zone

ScottShrum.jpg
Scott Shrum

Today is one of those extra exciting days at Veritas Prep HQ, when GMAT prep classes start in dozens of cities worldwide

U.S. Department of State...
Health Practitioner - For...
Facility Manager - Foreig...
Citigroup, Inc.
Proposal Writer — Cash ...
Business Banking Relation...
Randstad
Staffing Consultant
Staffing Consultant
NBC Universal, Inc.
Social Media Developer, O...
Production Assistant...
X