VIDEO ON MSN MONEY
There are other times when you need cash, garage sales, flea markets, public markets, street vendors. Have you ever missed a great buy because you didn't have cash. I've gotten some
great deals because I was the one that was there with the money while the other person
said they had to find an ATM.
Credit is for broke people who can only struggle to make payments, 'cause if you have to use credit to buy something, you can't afford it, bottom line.
Cash is king and debt free way to be, piss on the banks.
Bankers and broke people will not approve of this, but those that have money and know how to use money know credit cards and bank fees are a scam.
I dont use anything but cash. I dont use banks for anything other than cashing checks. I keep a no fee, no interest account with 10 bucks in it to keep it open, and thats it. Thats all the money the banks will ever get to use from me.
If I cant pay cash for it, im not buying it. And except for a house, which I cant afford anyway, not using banks has not kept me for buying everything I want and need. Ive just had to save up for some things. Not as hard as it sounds. And a hell of a lot cheaper paying cash. You can get deals paying cash you know.
Not using banks hasnt hurt me one bit, and ive saved a fortune in fees and interest. I stopped using banks for anything but a check cashing service, when they started charging me for keeping my money there.
I remember when they used to pay you for putting your money in their banks. If more people did what I did, and stopped using banks, like I did, maybe they still would.
to the guy who said, "Electronic Banking is a way to "do away" with Jobs."
I see your point about corporate america, but I also find this mentality one of the biggest problems with america. Why should we keep a job just because it is a job and we dont need it? Why cant we have people doing jobs that we need?
If I have plenty of cash why on Earth would I pay a monthly credit card bill unless I just don't have any understanding, CC company's are a scam on the poor and middle class.
If you have plenty of cash, why do you need credit?
karate kid, i keep about 5k on my person at any given time, everything else gets invested in mutual funds, IRA's and other means that earn me a return, I do not pay banks to use my money which is what most folk do, really, look into it.
All my daily needs are close by, I drive by to pay with cash and it is done, I don't get monthly statements for everything, just the usual household stuff, utility's, cell bill, grocery's, etc.
You don't get wealthy by paying monthly payments on everything, you got to pay yourself and make it a priority.
If you are making payments every month, credit cards, car notes house note, little johnny's braces so on and so forth, you have nothing to invest in your future, you are investing in another persons or corporation. That doesn't sit well with me, I like my money to do what I tell it to do.
Even this article is a bit misleading in that they don't tell you the actual truth about money and how it works. propaganda.
I can pay cash and get most things a bit cheaper by flipping those 100's out, if they refuse, I'm in no hurry, paying with credit, you have no room to bargain.
Credit Cards are bad, it is a waste of money for those that use them, some rationalize the convenience of CC's, still doesn't make it truth.
I Promise if I offer Cash for an item I can negotiate a better deal most of the time. Cash is King and always will be. I don't want my spending habits being monitered and followed.
FICO score doesn't mean squat, unless you want something you can't afford.
However, you think exactly like they want you to think.
Cash is still king.
Avoiding Taxes is probably the most widely used
Side Note.... stop giving beggars money, donate to charities that require the less well off to try to become better
Maybe if all you bleeding hearts would stop supporting these bums they would be forced to face their addictions, mental problems or authority issues
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