Charge It To The Game
A lot of our pockets are anorexia due to a lack of financial nutrients. Closed mouths go unfed. Fully understating that you must feed what you want to grow is vital to our existence. Not know what to ask for is also unhealthy. We miss out on so much adventures in life due to a lack of knowledge and an abundance of misinformation. Let me open your minds to something I recently discovered.
About 7 years ago I was conversing with a customer & she was informing me that she was unavailable for delivery during a certain section of the month because she was treating her family to an overseas vacation. I was blown away by the destination & by the time frame she would be away. My instant response was, “Wow, you are lucky. I wish I had money like that to treat my family in that fashion!” She chuckled at my lack of knowledge of her financial stature & told me she was going to let me in on a little secret. Free information, especially on finances will forever catch my attention. What she revealed to me was a bunch of smog if viewed through ignorant eyes but smoothly transitioned into the morning fog of a cool morning of Spring once she explained. She told me she credit card company will finance her trip & has been doing it for the past several years. “But isn’t charging a trip to a credit card incurring debt & encouraging poor spending habits?” “A credit card is like a firearm!”, she said. “Its a weapon in the wrong hands but in well trained hands, it can save your life!” Think of it like this. Remember being taught your favorite card game? You could have a winning hand but if you are ignorant to the rules, you will NEVER win.
A lot of us are unaware that we are holding a winning hand. If you already possess a credit card, check the TOS of the card to see if they incentivize usage of the card. Depending on your level of credit, a card company will offer 1-5% cash back offers on certain purchases at specific retailers. Its simple mathematic. If your card offers 1%, these companies are really giving you a buck for every $100 you charge. If you are able to get your hands on a 5% return, I bow to you & urge you to use it to your fullest! I have a card that offers 1% in store but 2% at the gas pump. Keep in mind that these purchase are on items that you use daily so we are charging items that will sit in a corner & collect dust like that treadmill you bought 3 years ago with less than 17 miles on it.
The point of the post is a particular type of card. The Travel Card. Travel cards will give you milage on every purchase. Be aware not every airline will accept every milage reward so carefully review the TOS to ensure you are maximizing your rewards. Ive seen some cards that offer 2 miles for every dollar charged. Imagine charging $300 on a good or service & gaining 600 travel miles in return. Sounds too good to be true? Really It doesn't. If you have never played the credit card game or have no knowledge that it even exists, what I’m about to reveal to you will pull asunder your broke man’s mentality & open you up to new financial freedoms.
Every man or woman who finances & maintains a household has household bills & expenses. Some have car note, utilities, cell phone bill or whatever. Take your credit card & charge as many bills on it as you can. Now take your bill money & pay your card off soon as your banking app shows the transactions have cleared & processed. For perspectives, charging a $500 car note each month for a year with a 2% return is a whopping $120 in free money. Now toss in your $300 utility bill or $200 phone bill & your $300 in groceries. The cash back or milage you’re building monies that could be play or investment money.
The purpose of the credit card gain game is to only charge the amount if you have the same amount of cash in pocket. Charging nonsensical rubbish that you may have to carry a balance over til the next month is the easiest way to lose this game. Also be leery about annual fees, over the limit fees some purchase that may not offer cash back. I don’t mind an annual fee if the return of investment is worth it. Try not to let high interest rates scare you. Interest fees are non existent if you do not carry a balance AT ALL. If you have a regular credit card, feel free to contact the bank & inquire about converting it into a card that can work for you. Make it a habit to contact them & ask about new features or offers or even exploring your options on increasing your credit limit. NEVER be shy about asking how you can fully maximize making your money work for you.
In closing, credit cards are NOT equivalent to having cash. I tell myself that my credit cards are rich uncles who will easily loan money cash anytime I need it but I have to pay them back in full by a set date. No one has every gotten rich playing the credit card game but many have been able to make this money work for them & give them that free mileage for vacation or free money for vacation that we all need to achieve spiritual fitness. I would love to hear about your realistic money making tips that I may be able to enhance my life. Feel free to leave any tips or comments below.
🤎🖤Black Love ✊🏿 Black Power ☮️ Black Peace to my 🌡 Community.
