Comments on: Poll: What is your preferred method of payment for everyday expenses? http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/ Helping a unique generation achieve financial independence. Sat, 21 Nov 2009 05:51:06 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Stacy http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-87782 Stacy Tue, 23 Sep 2008 14:23:58 +0000 http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-87782 I like my debit card best my husband uses cash due to travel he is very bad with the debit card. Dont like to use the credit card unless we have to. They give you to much chance to over spend. I like my debit card best my husband uses cash due to travel he is very bad with the debit card. Dont like to use the credit card unless we have to. They give you to much chance to over spend.

]]> By: Sun http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18209 Sun Sat, 11 Aug 2007 01:27:47 +0000 http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18209 I charge everything with credit card, even it's just 2 dollars. I charge everything with credit card, even it’s just 2 dollars.

]]> By: Friday Finance Findings For August 10th : Generation X Finance http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18150 Friday Finance Findings For August 10th : Generation X Finance Fri, 10 Aug 2007 14:42:07 +0000 http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18150 [...] If you're new here and you enjoy what you see, you may want to subscribe to my RSS feed or sign up for free email updates. Thanks for visiting!If you haven’t already noticed, I have gone ahead and installed a new poll plugin that allows me to pose questions to readers and display the results both in posts and via the sidebar. The first installment came yesterday and I asked a question regarding the most favorable means for paying everyday expenses. [...] [...] If you’re new here and you enjoy what you see, you may want to subscribe to my RSS feed or sign up for free email updates. Thanks for visiting!If you haven’t already noticed, I have gone ahead and installed a new poll plugin that allows me to pose questions to readers and display the results both in posts and via the sidebar. The first installment came yesterday and I asked a question regarding the most favorable means for paying everyday expenses. [...]

]]> By: Jay Wilson http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18116 Jay Wilson Fri, 10 Aug 2007 05:01:19 +0000 http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18116 I'm a debit card person. I find that using a DC helps me keep track of spending. I’m a debit card person. I find that using a DC helps me keep track of spending.

]]> By: Chief Family Officer http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18098 Chief Family Officer Fri, 10 Aug 2007 02:33:11 +0000 http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18098 Credit card unless I absolutely have to write a check (like for my kids' daycare). I love the convenience and rewards and of course, we always pay the entire balance. My in-laws are check writers - not always but often enough that it's still a stunner when they do it. Can't talk them out of it though. @Brian - My husband and I have three cards each. One is a shared rewards Visa for most purchases and one is a shared Amex rewards card basically for Costco. Then we each have a different third card that's in our own name only that we hardly ever use - this is the "heaven forbid something terrible should happen, we each have our own separate line of credit" emergency card. Credit card unless I absolutely have to write a check (like for my kids’ daycare). I love the convenience and rewards and of course, we always pay the entire balance.

My in-laws are check writers – not always but often enough that it’s still a stunner when they do it. Can’t talk them out of it though.

@Brian – My husband and I have three cards each. One is a shared rewards Visa for most purchases and one is a shared Amex rewards card basically for Costco. Then we each have a different third card that’s in our own name only that we hardly ever use – this is the “heaven forbid something terrible should happen, we each have our own separate line of credit” emergency card.

]]> By: Harrison http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18083 Harrison Fri, 10 Aug 2007 00:22:53 +0000 http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18083 Definitely Cash because i don't have any credit card yet. Definitely Cash because i don’t have any credit card yet.

]]> By: Pinyo http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18060 Pinyo Thu, 09 Aug 2007 21:33:41 +0000 http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18060 Credit Card for me because I like the reward. I pay off every month so interest & fees are not an issue. Credit Card for me because I like the reward. I pay off every month so interest & fees are not an issue.

]]> By: rstlne http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18054 rstlne Thu, 09 Aug 2007 20:18:34 +0000 http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18054 Cash, because I'm into Where's George. Cash, because I’m into Where’s George.

]]> By: Webomatica http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18051 Webomatica Thu, 09 Aug 2007 19:37:27 +0000 http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18051 Debit card or cash. Credit cards for large purchases - $200+. Although we can pay off cards in full every month, credit card debt scares me. I'm the sort that pays off balances in advance, even before the month is up. Therefore it doesn't really make things any easier to charge something, because odds are I'll pay off the CC within days anyhow. Debit card or cash. Credit cards for large purchases – $200+. Although we can pay off cards in full every month, credit card debt scares me. I’m the sort that pays off balances in advance, even before the month is up. Therefore it doesn’t really make things any easier to charge something, because odds are I’ll pay off the CC within days anyhow.

]]> By: Michael Taulbee http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18050 Michael Taulbee Thu, 09 Aug 2007 19:26:17 +0000 http://genxfinance.com/2007/08/09/poll-what-is-your-preferred-method-of-payment-for-everyday-expenses/#comment-18050 I use my Discover Card for almost all purchases except on on-line, which I use a Mastercard since it is more widely accepted and also I can monitor easier since it has fewer transactions. I use the cashback rewards to purchase gift certificates at Discover where you can get great deals and gain some extra bucks. With debit cards since the money is already out of your account it is harder to get your money back if you have to disbute a charge, where with credit cards you can disbute before you pay. I use my Discover Card for almost all purchases except on on-line, which I use a Mastercard since it is more widely accepted and also I can monitor easier since it has fewer transactions.

I use the cashback rewards to purchase gift certificates at Discover where you can get great deals and gain some extra bucks.

With debit cards since the money is already out of your account it is harder to get your money back if you have to disbute a charge, where with credit cards you can disbute before you pay.

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