What I envision when I see someone ahead of me in line using debit cards.
Have fun not building credit, and exposing your own bank account to getting locked up for up to 14 days when fraud is detected.
>But muh debit card helps me maintain my spending habits
Brain dead monkey. The smart ones maintain their spending habits as they grew up beyond 12 years old on the inside.
Debit cucks come out so we can laugh at you, financially illiterate dipshits
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I'm eating a sandwich right now.
My credit score is ~800 and my report shows my entire adult life with green months of on-time payments.
Why the fuck would I need to “build” credit like a nigger in a local daytime tv car commercial?
I have zero reason to use a credit card.
Ok
Calling bullshit
they're smart enough to realize they're retarded, but too lazy to actually do anything about it
>t. $6000 in debt but "saved" $90 in cash rewards
MCO cards are the future though.
Cash rewards and other perks. Does your debit card gives you free access to Centurion Lounges? I bet you have that debit cash tied to a. 009% checking account too
never mind the "building credit" part, rewards on debit cards are generally shit
I can get at least 2% cashback on anything, depending on where I'm shopping and what credit card I'm using
>the virgin building credit vs the chad cash payment
imagine needing to build credit
Shit nigga I get 6% off my groceries. Show me a debit card that can do that.
I have a credit card with a $7000 limit you dumb cunt. It's literally my first and only credit card. I use my debit card to help budget small daily expenses like food or cigarettes. Enjoy paying $300 in annual fees for a lounge you don't even fly enough to ever go into.
>build credit
>never use it in their lifetime
I don't get it.
>imagine paying 3x more to finance your home because you didn't have the discipline to own a credit card
>imagine thinking a loan is cheaper than cash
You impulse spend when you use credit, it’s funny how you fall for credit card tricks and act superior. You’re very typical. There is something called friction, it is the pain of spending, and there is none when you swipe a card. There is a lot of pain when you spend cash (unless you’re a gluttonous fag that consumes everything he has) You feel nothing while swiping credit, so you end up spending 15% more impulsively and then lie to yourself that you’re making a smart choice for spending more. You earn $1000 after you spend $100,000 on a credit card. You would earn 50x that by not impulsing purchases. Everyone who uses credit lies to themselves, just set credit up with autopay on bills and your credit score will be fine and you don’t have to suck mastercards dick to get a good interest rate on a home. All you need is 740. 800 credit score literally means fuckig NOTHING. credit card companies love brainded forever poor fags like you. Guarantee if you lost your job you’d be spending credit to pay your bills. You consume, consume, consume with a leash tightened around your neck held by Chase and Discover, and bark at the people who actually have money through spending debit and saving their time-credits. You gluttonous pig.
Congrats, you earn $2000 after spending $100,000. That’s a great financial plan. Keep on swiping that card, goyim!
Credit Card Karen over here thinks its smarter to use a credit card and put yourself in a position of debt for the sake of a 3 digit number instead of just paying outright like a normal person.
I mix and match between debit and credit card like a normal person, forehead.
I've got a 790 credit score and a 10k limit on one of my cards.
How balls deep in debt are you to seethe over someone using ACTUAL currency?
>People without the discipline to own a credit card magically have $150K of cash under their bed
Sure thing buckaroo
>t. I can control my spending so I hate credit cards, and anyone who has them is swimming in debt
Never once paid an annual fee or interest towards a credit card. But I get paid by them all the time.
Yeah but if you leave 100k in the bank it will be inflated away to 50k. That 100k you could have invested at a modest 10% annual return. It’s better to borrow when the rates are low.
Wait did you just call me a forehead?
Some of those offers are really tempting too. I spent about $200 on clothes at Kohl's for a job interview (first time I had bought clothes in years), and they offered me a credit card that would have saved $50 dollars on that purchase and 10% future purchases. I declined it because I knew if I accepted, I'd end up back in Kohl's buying more and more clothes to justify the card and whatever fees it might have.
The kikes are slimy
Nigga are you recalling using the Kohls credit card as an example?
Unless you're literally milling credit cards, you aren't making money by spending more. The easiest way to save is to not spend at all. If you are milling cards, the feds are gonna have your ass for lunch sooner or later.
When you leverage your asshole to a gaping proportion compared to your net worth, you own nothing. Your logic is flawed and you buy your bankers lies. There is little benefit to credit, if you can’t pay cash it means you can’t afford it. You have a 0% risk of losing everything when you owe NOTHING. You have a 100% risk of losing everything when you OWE IT ALL. break your leg and lose 18 months of work and see how well your bank treats you when you are $10000 behind on your mortgage, even though you’ve paid off over $50k. they can and will take everything from you.
Yes? Have you never been offered a credit card at a retail outlet?
>buying store-specific credit cards
Dunning. Kruger.
>Cope: The Thread
its the jew guy
>not having reading comprehension
Actual credit score over 800 here:
I have maybe 3 total credit cards on my file with a combined credit limit of $60k, a rolling line of credit with another $50k limit. I never have even close to 30% utilization. The LOC allows me to pay down large purchases on my credit card to get the rewards without risking high interest payments. I always pay shit off quickly if not on time. The LOC affords me an additional ability to access liquidity when market opportunities present themselves, especially if you trade conservatively on margin. Credit is a tool when used correctly that can accelerate wealth.
...
I’d rather just be well off enough that I can pay off my loans with the dividends I’ve earned. But you go right ahead and fork over all your hard earned wealth to the Jew so you feel like you own something
You’ll never get there when you borrow it. Nice try.
Yes you can, it's called interest.
Credit is for faggots that depend on loans. Cash only
I use prepaid cards, so i can set limits to my spendings.
I have debit card cuz i have mega debt i own in taxes 100k, never going to pay it back lmao. I receive gibs and buy for 1000$ worth of xmr every month
>credit
Liable for fuck all
>cash
Liable for fucking everything
The system is designed to Jew people but there's nothing stopping you playing the game yourself.
Put all your normal purchase on credit and pay the card off every month. It's that fucking easy.
Im Australian, never had a credit card. Just bought my first home. Never heard my credit score before. I told the home loan specialist my credit was probably really bad because i borrowed a dvd and didnt bother returning it and the guy got the debt collectors on me and then i didnt pay them either. Some how it all got forgotten about ( i have powerful people watching over me from a distance ) Never liked using someone elses money and then paying interest, dosent make sense to me. I cant understand stocks either, baffles me how people could make money without contributing to society. Its like your all the welfare cheats of the modern world which is pretty cool btw. But i have an uncanny ability to predict the future and i believe the time for making money without building or creating or servicing something is over. In the real world people actually have to contribute, thats why i like Trump, he builds buildings. He dosent press buttons all day which is a feminine activity.
>this whole post
Some good ol' fashioned book learnin would do you well if you can put down the Foster's and fags for five minutes
you have no credit score
Lol, aakshully i sell books online
It's about time someone with a 3 digit IQ responded in this thread
>Have fun not building credit
Im 30
Then pick up one of the books about finances and financial and teach yourself something. That dribble you spouted in previous is full of the most brainlet tier misconceptions I've ever heard.
>Never liked using someone elses money and then paying interest, dosent make sense to me.
You're literally doing that with your mortgage. The idea is that you most likely don't have $400,000 or whatever the value of your home is so you pay a portion of your future earnings for a fixed term. You pay interest now so you can have a house now rather than 10 or 20 years later when you've saved the cash. Credit Cards aren't supposed to work like this, but people are stupid and spend more than they earn. If you use a credit card responsibly, and only use it for necessary spending like bills, fuel, or food, you can actually save your money because of rewards. You will never pay a dime of interest if you pay your monthly balance on time. Credit cards are 0% interest short term loans if used responsibly.
>I cant understand stocks either, baffles me how people could make money without contributing to society.
Stocks contribute capital to the world. Businesses need money to conduct operations, and will often on draw on the money of the public to finances their moves. In return for giving them money, companies gives these investors shares, or partial ownership, of the company. Oftentimes these shares entitle shareholder to a small portion of the profits the company makes in the dividends. These dividends are magnificent way to grow wealth over a long time horizon. Investing money is the next step above saving money. Saving $500 every month for 20 years will leave you with $120,000. Investing $500 dollars every month for 20 years will leave you with millions.
I'm very tired so sorry if this sounds like it was written by a pajeet.
Just use a cashback card, I get cashback on everything.
Nah it's cool man you did a great job, can you tell me about the best way to make money from dividends? I heard you get a different amount if you invest in 1 stock vs an index or an etf.
>can you tell me about the best way to make money from dividends
Seriously dude? You are telling the bogan he did a good job but don't know how to get dividends?
You know what I find annoying? When older people ask for a receipt for the purpose of tracking their money. First, you can track it online with a few clicks. Second, you're old, how have you, at your advanced age, not been able to approximate how much you spend in your day to day life on a monthly basis?
wtf is your problem OP im just trying to chill here
Read everything you can on this website
investopedia.com
Make an account with this broker when you're ready
tdameritrade.com
Stay away from robinhood.
>I heard you get a different amount if you invest in 1 stock vs an index or an etf.
It literally depends on too many factors to explain. No dividend is the same, but yes generally individual stocks will typically pay a higher dividend than an ETF because an ETF is composed partial shares of many different companies. Not all stocks pay a dividend. You've got to get this knowledge for yourself and put your own money on the line for any of this to be concrete.
Nice, do you use any website to show you the stocks that pay dividends?
>You know what I find annoying? When older people ask for a receipt for the purpose of tracking their money. First, you can track it online with a few clicks.
You've clearly never done taxes or had to be reimbursed for something. It's a lot easier to find a receipt for something than it is to remember which credit or bank card you used at a random store 9 months ago.
The brokerage tells you all of that. You don't need to worry about dividends right now. You don't even know if you have the stomach to invest yet.
>Investing $500 dollars every month for 20 years will leave you with millions.
Thanks for taking the time to hit me with a genuine response.
You really don't know that though, it seems like a gamble and alot of people have also lost alot of money.
>You're literally doing that with your mortgage
Im doing this with my mortgage because a home is necessary to live in and rent is just paying someone elses mortage on their investment property. Why would i go through the mental juggling act just to buy groceries with credit? Only reason i would do that is if i was investing every cent into something to make more money. Im more of a small business guy who wants to work for myself and invest in something worthwhile which i actually believe in and gives me hope for the future and my fellow man. Only problem is its a crazy world run by enemies of mankind which is concerning.
Nobody asked you, cashier boy.
People claim bs but I'm in the same boat as you
Credit for big purchases
Debit when I'm booling
I mean I've been holding on to crypto since 2017, I thought might as well buy some stocks.
Dont call people bogans you faggot. It will get real hostile up in here if you continue calling good people names lpike that, this man of indian persuasion took the time to write me a detailed response which i found heartwarming, and l am currently sitting here waiting for another response. So pipe down.
E Trade is way better than TD Ameritrade and btw Robin Hood set the standard for $0 fees. Used to be $10 a trade back before they started up.
Go back to sniffing petrol you Abo cunt