ok im confused now...why dont i buy grocery w my card? i use my card for everything...pizza, supplements, gas, etc...im serious...why is this a bad idea?
Because by using your credit card for small trivial purchases, it makes it
easy to spend more than your income. It is small leaks that sink financial ships so to speak...Also, if you get into a position of always having a balance due, interest charges work against you. Also it promotes bad financial habits like not using your kitchen at home for most of your meals.
Of course to be honest, I did this very thing for over twenty years and my net worth is
much poorer for it.
what does outsource mean?
It means sending jobs overseas to third world countries instead of hiring United States citizens in the United States...When you call the Capitalone 800 number, someone in
India answers the phone instead of say a wheelchair bound guy in this country for whom that job would be a very good match... and a way to support himself.
