If you are extremely good about sticking to your budget, and only if you are really disciplined you can increase you budget by a fraction of a percent. By using a credit card that gives points or cash back. You have to be extremely good to pay off your card in full each month, but if you maximize the use of the card you get the extra percent. If your employer has you pay expenses and the reimburses you, you make points on those also. BE CAREFUL. it is all too easy for this trick to bite you if you do not pay off the card in full each month. In tight times I have been known to each day pay the card company what ever was charged on that day, but it looses the timing float but when you are not feeling like you can discipline yourself it is better to be sure that card is paid off.
I don't have a credit card yet. I plan to open my business credit card.
By "timing float" are you talking about the [around 28-30] days until the charged amount is officially due?
I got a secured credit card. It has helped my credit score tremendously!
I use credit cards for the spending categories in my budget but I pay my cards off each month. I put the cash back earned throughout the year in saving. My newest card puts my cash back in my IRA.
What are some good credit card consolidation websitesV
I have 11 credit cards never paid a dime in interested.
How do you manage so many cards with all the different due dates?
What are some good credit card consolidation websitesV
Bankrate.com has some helpful information regarding balance transfers and comparison of offers from different cards https://www.bankrate.com/finance/credit-cards/balance-transfer/
I use credit cards for the spending categories in my budget but I pay my cards off each month. I put the cash back earned throughout the year in saving. My newest card puts my cash back in my IRA.
I use my rewards to offset the cost of the purchase or send it to savings. If it’s rewards pints I send save tm for travel and free hotel stays to offset some vacation spending.
