Comments on: Generation X … I mean P … I mean … http://www.mightybargainhunter.com/2006/01/13/generation-x-i-mean-p-i-mean/ Personal finance, commentary, and spending less the easy way Sat, 21 Nov 2009 01:23:30 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: mbhunter http://www.mightybargainhunter.com/2006/01/13/generation-x-i-mean-p-i-mean/comment-page-1/#comment-564 mbhunter Wed, 18 Jan 2006 03:32:20 +0000 http://mightybargainhunter.com/2006/01/13/generation-x-i-mean-p-i-mean/#comment-564 Hi Sarah, thanks for the comment! We just download our transactions into Quicken so it's really easy to track spending. As long as you always have in the back of your mind that you're actually spending money when you swipe the card, you're golden. And most importantly: If you can think the Minuet in G, you can play the Minuet in G! Hi Sarah, thanks for the comment!

We just download our transactions into Quicken so it’s really easy to track spending. As long as you always have in the back of your mind that you’re actually spending money when you swipe the card, you’re golden.

And most importantly: If you can think the Minuet in G, you can play the Minuet in G!

]]> By: Sarah http://www.mightybargainhunter.com/2006/01/13/generation-x-i-mean-p-i-mean/comment-page-1/#comment-559 Sarah Mon, 16 Jan 2006 17:25:32 +0000 http://mightybargainhunter.com/2006/01/13/generation-x-i-mean-p-i-mean/#comment-559 I put everything (everything!) on my Chase Rewards card. I do this because it's convenient (I don't usually carry cash), it's organized (the statement at the end of the month, which we just copy and paste into our software), and most of all, the rewards. I like being paid to do things I'm already doing. I think it's likely that I spend a little bit more than I would with cash, but it's a very little bit (maybe $10/month) and I'm okay with that. It's worth it for the convenience, and it's not as though I'm not getting value from the extra $10. We track all spending to the penny so I'm comfortable that it's not costing us much long term. I don't like debit cards at all. It's like the worst of all worlds... the encouragement to spend more, just like a credit card, but with none of the protections. No rewards, and no float time to earn more interest on your money. Assuming a person has the ability to be moderately responsible, I'd recommend a good rewards credit card over a debit card any day. Love the reference to the Music Man. :) I put everything (everything!) on my Chase Rewards card. I do this because it’s convenient (I don’t usually carry cash), it’s organized (the statement at the end of the month, which we just copy and paste into our software), and most of all, the rewards. I like being paid to do things I’m already doing.

I think it’s likely that I spend a little bit more than I would with cash, but it’s a very little bit (maybe $10/month) and I’m okay with that. It’s worth it for the convenience, and it’s not as though I’m not getting value from the extra $10. We track all spending to the penny so I’m comfortable that it’s not costing us much long term.

I don’t like debit cards at all. It’s like the worst of all worlds… the encouragement to spend more, just like a credit card, but with none of the protections. No rewards, and no float time to earn more interest on your money. Assuming a person has the ability to be moderately responsible, I’d recommend a good rewards credit card over a debit card any day.

Love the reference to the Music Man. :)

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