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Always thought credit cards were the devil till I saw the math on using one for my bills
I used to be the type who swore by cash only because I watched my mom dig out of $15k in debt when I was a kid. But last month a coworker in my building showed me her credit card statement where she earned $340 cash back just from paying her electric and internet bills on autopay. She pays the full balance every month so she never pays interest, and the card has no annual fee. I ran the numbers on my own spending and realized I could get like $200 a year back for basically doing nothing different. Has anyone else here switched from hating cards to using them smart? I still feel a little weird about it.
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rosebennett11h ago
The "risk if you miss one payment" thing is overblown if you just set up autopay for the minimum due. You'd have to be pretty careless to actually miss it. And if you're that worried, use a debit card for the first few months to prove to yourself you won't screw it up.
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