Originally Posted by DaFace
I don't disagree with that. It's really not a big deal though. When I make the payment online, I just change the due date. That's really all it takes.
To be clear, though, my philosophic difference with R8ers is much more about the "never use credit cards" idea (due to the rewards and benefits) than the "when to pay your credit card bill in the course of the month." The latter is a matter of pocket change. The former can be very significant.
I have 3 accounts
1 savings and 2 debit accounts one online one brick and mortar, direct deposit goes to brick and mortar
I have 1 credit card, if I do not have enough cash in either of the two debits and it's after hours I will use the credit card. I think I used it twice last year and one was for this broke TV BUT IT WAS PAID IN FULL AS SOON AS THE BILL HIT THE MAILBOX.
If someone is barely making enough to pay of the credit cards a month, it's very easy to get into the habit of letting this or that slide til next month, when this happens a man may be more likely to take a day off from work here and there and let that slide at the end of the month too... Before long, the man is up to his ass in debt and blaming the banks for the interest rates...
Rewards are great as long as you are not going into debt to get them...