Chasing Credit Card Points? Here’s a Better Alternative.
You’re not gonna get rich on credit card points. It’s a game set up by the credit card companies to get you to spend more. Spending $100 to get $2 is never a good deal.
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Personal Finance Club
URL: https://www.personalfinanceclub.com
Twitter: @perfinclub
Country: United States
Rank in the All-Star Money Directory: #29
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February 16th
January 26th
The Two Most Important Factors for Building Wealth
To build wealth, you have to earn more and spend less. A really crappy investor putting away $1,000/month will trounce an optimal investor saving only $100/month.
November 2nd
A Table to Determine How Rich You Will Be
Choose your monthly contribution and the number of years you’ll invest to see how rich you will be.
September 30th
Where’s The Best Place to Invest $10,000?
Looking at the rates of return over the last 40 years we can see the MASSIVE difference between buying something that depreciates (like a car) vs merely keeping pace with inflation (like a house) vs actually building wealth (index funds).
July 20th
How Much Money You’d Have If You Bought $AMZN Stock Instead of Amazon Prime
The lesson here isn’t to never spend money or never enjoy yourself, but be conscious of the distinction between assets and liabilities.
February 16th
How to Perfectly Time The Market
Sarah was different from her friends. She didn’t try to time market peaks or valleys. She didn’t watch stock prices or listen to doomsday predictions. In fact, she only did one thing.