Happy Thanksgiving from Interesting Money!
Posted 27 November 2008 by Mr. BOn this Thanksgiving Day, I would like to give thanks to the following:
- Dollar Savings Direct – for keeping their 4% APY despite the Fed’s slash-and-burn habit.
- ShareBuilder – for giving me a nice $50 bonus.
- Jim – (the Bankrupt Man) – for allowing responsible people to make money off of credit cards.
- Dow Jones Industrial Average – for having four green days in a row. It’s a miracle! My retirement portfolio is still deep underwater, though.
- General health and happiness – Just being alive is a tremendous gift.
- My wife – for her extraordinary love and patience while we suffer through this low-income period of our lives.
And of course… to my dear readers! Thank you for the feedback, support, and comments! Enjoy your Thanksgiving!
Post Details
- Post Title: Happy Thanksgiving from Interesting Money!
- Date Posted: 27 November 2008
- Author: Mr. B
- Filed As: Uncategorized
- Tags:
- Shortlink:
QUOTE:
for allowing responsible people to make money off of credit cards.
UNQUOTE:
What does this mean? Is this about reward cards?
Hi Bill,
It’s partly about rewards, but it’s also about taking advantage of sign-up bonus offers. Credit card sign-up offers have been harder to find in 2008, but in the last two years, here’s how much my wife and I have made in sign-up offers from the following companies:
Amex – $800
Bank of America – $500
Chase – $250
Citi – $400
Not bad, eh? It certainly helps to supplement our current pitiful income level.
So, I don’t pay a penny in interest, and I’ve made close to 2k from credit card companies. I guess you could say the economic downturn is partly my fault!