When to Credit it and When to Debit it
Ramit Sethi is an intriguing individual and makes does a lot of good in his blog I will Teach You To Be Rich. He is young and not afraid to admit when he gets things wrong. A quality that is often missing from us twenty-somethings.
A damn good point about sensible economics for frivolous types that are way too happy to control their money comes in a round about way from discussing a Bank of America feature...
Why ever use a debit card? It is standard for Credit Cards to offer 50 days or more interest free on purchases. Pay on the credit card. You've got a month to put that money (still sitting on your regular account) somewhere it'll accumulate a return. Pay off the credit card in full at the end of the month.
Earn interest on money you've already spent.
Improve your credit rating.
Too easy, surely...
Technorati Tag = Credit Personal Finance