Sunday, January 19, 2014
Friday, January 17, 2014
Cash Back Credit Cards
As I continue contemplating effortless sources of income, one idea keeps coming to mind-- cash back credit cards. The idea behind this is that for every dollar that you spend you can get up to 5% cash back. Sounds almost too good to be true.
So, what's the catch? The catch is discipline. Most people don't have the discipline to know when to stop spending. For this kind of cash reward to benefit, you have to be ready to keep track of every dollar you spend. This can be a bit exhausting. Which is why most people don't do it. However, if you think of time as money and you're getting paid to simply keep track of your own finances, then it's a fantastic deal!
So, what's the catch? The catch is discipline. Most people don't have the discipline to know when to stop spending. For this kind of cash reward to benefit, you have to be ready to keep track of every dollar you spend. This can be a bit exhausting. Which is why most people don't do it. However, if you think of time as money and you're getting paid to simply keep track of your own finances, then it's a fantastic deal!
Happy Earning!
Subscribe to:
Posts (Atom)