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more reasons to charge it!

Submitted by Jonathan on November 13, 2007 - 19:16.

I hold two cards, an Amex Blue and a Citibank MasterCard, which I juggle to keep the actual payment as far out in the future as I can. I use the Amex until the MasterCard cycle starts, and I use the MC until the Amex cycle begins anew. Tightwads like myself have an aversion to parting with money, and credit cards delay the pain in addition to earning another buck or two in interest. By contrast spendthrifts should use debit cards because they need to form a connection with buying something and having to pay for it.

Also credit cards allow for accurate expense projections. If I know exactly how much my credit card tab will be in the next few weeks, I can plan ahead and update my spreadsheets accordingly.

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