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To: P-Marlowe; whd23; xzins

Credit cards? Yes, a tool. I don’t like to carry cash. I’ve had a credit card since I was 18. It’s great for establishing credit, you just have to be careful. My husband and I use it routinely, but we pay off the balance every month and never purchase more than we can afford. Meanwhile, our cash is sitting in a money market account and accumulating (a measely, but still it’s something) interest the whole month. There’s a lot to be said for being an adult and having some self control. If you know you’re not that kind of person, then go with cash.


41 posted on 03/03/2011 6:58:20 AM PST by Roos_Girl (The world is full of educated derelicts. - Calvin Coolidge)
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To: Roos_Girl

Why not take your money out of money markets and put it in dividend paying stocks like Ford? They pay 6-7%. There are several strong companies that give similar returns. Beats 0.5%. Spread your money out over several.


48 posted on 03/03/2011 7:03:24 AM PST by TStro
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