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Monday, November 9th, 2009

A Couple of Awesome Comments from the B5 Blog Off

June 21, 2008 by Miranda Marquit  
Filed under Finance

In addition to a great tongue-in-cheek personal finance tip (#3: Don’t Let Congress Be Your Example from Miki Saxon), I got some good comments on some of my Blog Off posts. I offer the highlights.

Sean Kelly at Franchise Pick, offered some ideas for guest posts he would be willing to write:

“How I cut THOUSANDS from my gasoline costs with a $1.00 plastic tube.”
And: “Who says field corn’s not edible?”
Also, consider getting up real early, reading your neighbor’s paper, then putting it back before he wakes up.

Another great quote came from Donna Jackson at Digital Money World:

“If you owe your bank 100 dollars you have a problem, if you owe your bank 1,000,000 dollars, it has a problem!”

Donna also offered this intriguing tip: “Use your credit card as a 20 day interest fee loan and settle it in total before the due date.” I like that, because you get the reward points, but don’t pay the fees. Of course, you have to have discipline to make this work properly.

Finally, Vered at Mom Grind offered this great piece of advice:

I am trying to be more mindful of the language I use and to try to avoid saying that I “need” something when in fact I just WANT it.

What a great point! Thinking about how we express ourselves with regard to money can help us correct poor habits.

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Comments

2 Responses to “A Couple of Awesome Comments from the B5 Blog Off”
  1. Vered says:

    “Use your credit card as a 20 day interest fee loan and settle it in total before the due date”. Interesting. I always just pay the statement in full as soon as it arrives. Not sure it would make THAT much difference to hold on to it until closer to the due date, and chances are, I would then forget to pay, and have to pay interest.

    I’ll think about it…

    Thanks for the link!

  2. miranda says:

    I just pay it when it comes as well. I think that’s the general feeling anyway. The ulimate goal, of course, is to get the reward points without having to pay interest.

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