Buying
Food Today?:
Managing Your Rebate Credit Cards ©
by: Krayton
M Davis
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PDF File - 89 interactive pages: the article totals 15
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(© February 1999)
File size: 700k
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Product Brief:
This artile writes about managing rebate credit cards using Quicken®
personal financial management software (PFM). Successful management
can reap big rewards. For example:
- Earn a percentage rebate on everyday purchases. Many merchants
including utility companies are accepting credit cards for payment.
So get something back for everything you buy.
- Learn basic accounting concepts of Quicken®. Recording your
transactions and transferring the corresponding amount charged
into ghost accounts teach you important budgeting and planning
techniques.
- Make your money work. Since most credit cards come with a 25-day
grace period, you are buying household items without paying any
cash. Your money works for you until your payment due date.
- Establish a good credit history by paying your credit card charges
on time. A good credit history can lower your cost of borrowing
when you need it.
You can earn all of these benefits by simply changing the way you
buy. Using rebate credit cards instead of your checking account,
debit card, check card or cash can reap big rewards.
But remember one important note. Your benefits can be wiped out
if you lose control of your credit card management. Excessive charging
without allocating the savings to pay your credit card when the
amount comes due means hefty finance changes. Bad fiscal policy.
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Reviews and Commentaries:
Avg. Review Ranking: Number
of Reviews: 1
Sounds complicated. But Quicken software makes it easy. Now I charge
everthing on my card. My goal is to fly to Europe. The miles are
building fast.
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and let others hear what you think.
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