News for hackers. Stuff that matters.
Re:Why Don't People Manage Debt Better? by lr4444lr on Friday February 19, 2016 @07:01PM (#11137721)
Capital One has a 1.5% cash back on all purchases card. I put everything I can on it, and pay off in full very month on time. Does the prospect of paying only 98.5% of almost every price before your eyes not interest you? If not, then I don't know much what will. Your financial prudence will be rewarded with these residuals if you help the banks get their merchant fees. Over a lifetime, it can add up, and the fraud protection is great peace of mind.
Re:Why Don't People Manage Debt Better? by fredophile on Friday February 19, 2016 @09:09PM (#11138312)
Citi has a 2% card. If you spend a lot in a particular category such as gas or groceries it isn't hard to find a card that will beat this.
Re:Why Don't People Manage Debt Better? by packetslave on Friday February 19, 2016 @09:04PM (#11138286)
yep, and Citi has a 2% cash back (1% at purchase, 1% when paid). Discover is 5% back on a different category each quarter (and Q4 is Amazon), and Amazon's store card gives you 5% statement credit on everything you buy.
Re:Why Don't People Manage Debt Better? by merpnderp on Friday February 19, 2016 @08:44PM (#11138228)
That's got to be some sort of opportunity for arbitrage.
Re:Why Don't People Manage Debt Better? by theunixbeard on Friday February 19, 2016 @09:56PM (#11138512)
Check out https://www.reddit.com/r/churning and specifically look out for "manufactured spending".