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6)Let me ask you something. How much money do you spend every year on expenses?
Don’t get your calculator out, because
answer is simple. You basically, spend….AS MUCH AS YOU MAKE…
The vast majority of us do. So, let me ask you same question a different way: How much money do you make?
How much is 3% to 5% of that?
I’ll give you an example. If average household income (and expenses) were around $50,000, then that means a savvy consumer, with a cash-back credit card, could generate a check every year of between $1500 and $2500.
7)Holly Cape Canaveral, Batman!!! That’s $2500 free cash dollars, every single year!
What would YOU do with all that free money? Buy a vacation, a new TV, some jewelry?
Are you getting it, now?
You must start looking at Cash-Back credit card as more then just an incentive or reward.
Frankly, it is a new source of income.
8)Now, here’s nitty-gritty on how we do this. It’s simple.
The first step, is we gathered all our credit cards, put them in an envelope, and put that envelope in our lockbox in attic. We replaced all our plastic in our wallet with cash-back credit card of choice. We also put an emergency debit card in our wallet, but primary method now for spending, is to use cash-back card. This takes care of gas, food, restaurants, etc.
The second step, is process of restructuring expenses through online bill-pay system with our cash-back credit card company.
We re-route as many expenses as possible through our cash-back card. It takes a little time, and doesn’t happen in one day.
But do legwork. Be a smart consumer like my family and I.
9)There’s a perk, too!
The perk is outstanding! Have you considered, that my family and I only really have one payment a month to make? That’s goal we’re moving towards anyway.
So, think about how many bills you pay each month. Wouldn’t it be nice to just make one payment out for all your expenses, rather then a check to gas-card, a check to utilities, a check to Credit Card Company, etc.?
Think of convenience and time saved, to just make one payment out each month.
10)A lot of information to take in, yes? Let’s pause here:
If you’ve followed my train of thought, then you’ve come to Secret knowledge of how to extract and exploit power of these cash-back cards for everything they are worth. If you do this, even just first part, you will take a money saving incentive program, and turbo-charge it into an actual income producing technology!
Pretty, cool, huh? SHHH! It’s a Utopian secret.
We’ve enjoyed providing this information to you, and we wish you best of luck in your pursuits. Remember to always seek out good advice from those you trust, and never turn your back on your own common sense.
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Tom Levine provides a solid, common sense approach to solving problems and answering questions relating to consumer loan products. His website seeks to provide free online resources for the consumer, including rate-watch, tips and articles, financial communication, news, and links to products and services. Visit: LoanResource.Org , or email Tom at info@loanresource.org .
