There are a lot of people who don’t like credit cards for a variety of reasons. I am not one of those people. In fact, there are a lot of great reasons why I love my credit cards. These are the top five:
I Fly Free: One of the credit cards that I have is an airline affiliated credit card. This means that every time I spend money using that credit card I earn miles toward free tickets. I spend enough to earn a free ticket each year to fly round trip from Japan to the US.
I Get Paid To Have Sex: The other credit card that I have is one that pays me back 5% for every purchase that I make. Since it’s probably not appropriate for me to go into the details of my sex life here, it will suffice to say that birth control, sexy lingerie and other sex-related items all go on this credit card. In essence, I’m getting paid back 5% for having sex.
I Get To Gamble For Free: The money that I get refunded from the 5% cashback credit card is my poker night money. I use that money every Thursday night when the guys get together to play cards meaning that I am able to gamble for free.
I Get Free Beer: While I use the cashback reward to play poker with my buddies, rarely do I lose. That means that even after the gambling, I still have the cashback money plus more money I won at the poker table with it. Not wanting it to go to waste, I use it to buy beer meaning that I get to gamble and drink for free.
I Can Live A Riskier Life: Since my credit card gives me three months of replacement insurance on items that I purchase with it, I can use them in a riskier ways than if I didn’t use the credit card to purchase them. When I bought my new video camera, I had no problem leaning over the edge of the sailing boat near the waterline as we zipped across the San Francisco Bay because I knew if I accidentally dropped it, I could get a new one for free.
Of course, this is all dependent on the fact that I always pay off my credit card in full each month so that there is never a balance that I have to pay interest on. When you use your credit card in the correct way, there are a lot of advantages that come with it… although I’m not sure that my wife always sees it that way 😉