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Credit Cards… A Powerful Wealth Tool!
alantanblog.com — If you use credit cards wisely, it is a very POWERFUL wealth-building tool! Try to use credit cards for every single possible purchase. By using credit cards you gain … 1) Interest free loan 2) Bonus Reward(One dollars for every points) 3) A monthly statement that Consolidates all your Spending
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- alantanblog, on 08/13/2008, -0/+1There was a one hour interview on CNBC with Warren Buffet, the second richest man who has donated $31 billion to charity. Here are some very interesting aspects of his life:
1. He bought his first share at age 11 and he now regrets that he started too late!
2. He bought a small farm at age 14 with savings from delivering newspapers.
3. He still lives in the same small 3-bedroom house in mid-town Omaha, that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence. - alantanblog, on 08/13/2008, -0/+0Enjoy it
- Doxocopa, on 08/13/2008, -0/+2Even so... it can also be a trap.
The best wise thing to do is not to spend what you don't have; better acquire a Savings mentality than a consumer addicted one, the same that let the US to the housing bubble! - Americans are born with a credit card on the hand... 50 years ago it was not so, who is to blame??
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