Wednesday, August 17, 2011

Wacky Deal Wednesday! 1:2

Credit cards. You can't live with them, and you can probably live without them. Why hasn't Tyler Durden blown up those buildings yet? We all usually get royally screw by these pieces of plastic, but there is a way my friends to turn those screw drivers around.

2010 President Abraham Lincoln
"Screw the Debt Companies" -Lincoln 1347 Gettysburg

This weeks "scam": Making money on credit cards.


This process requires dedication so if you're off of your Adderall for the summer, please skip it. I won't take responsibility if you screw up and lose your children's shoes. You can sue me if you want, but there's nothing to take.

If you're bad about paying bills, you tend to carry balances, or you have a 131 credit score, then this bad boy probably isn't for you.


1. Get a credit card that has one of those nifty introductory rates of 0% interest for 6 months, and to beef up the deal make it one that also offers cash back. I recommend the Chase Freedom Visa. Why? Well it has cash back, 6 months no interest, and a $100 bonus after you spend $500. Also tap to pay, but don't use it for that. Don't.


2. Buy some gold sucker! No boullion though, The US Mint has provided a handy way to turn credit into cash. You can even learn the presidents! You can buy 500 of these Presidental coins at face value and you get free shipping. Thats $500 dollars with no interest for 6 months. (Note: don't use cash advance to do this, it does not have the no interest gold we need)

2011 President Rutherford B. Hayes
I'm Rutherford B. Hayes. Got a problem with that?

3. Use that same $500 dollars to pay your bill at the end of the month. You get to look like a train robber when you walk into the bank with a bunch of gold coins, or a pirate. Yeah, a pirate.


4. Repeat the process as many times as you can without interest. Probably 6 months so 6 times.


5. At the end of the ball game collect your cash back rewards aka free money, and leave that card to be. Your credit scores in better shape without using your paycheck and you got some free money. 3,000 dollars of cash back at 5% is $150 plus the $100 bonus you got for your first month. imagine if you had a higher credit limit...nice.


You just made $250. Like a boss.




That's vacation bread for 30 minutes work and some patience.

Good hustling Savers.

Recommendation of the Day: 'cause you need ta get ya' som smartz
The Gnostic Gospels

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