Wednesday, November 13, 2013
Blind Money
In an article titled "Show Us the Money", written by Cyrys Habib, she tells us how the blind get taken advantage of when using paper cash. The blind, are upset with the Treasury that their is no way to tell the difference between the bills, but with a $75 million dollar price tag to make bills different, I would have a hard time changing the bills when the blind has other options. Everywhere I go, I see "Debit accepted here". In the last few years, I never never gone somewhere where credit/debit is not accepted, even with local mom and pop stores. So for $75 million, why should they change the way bills are made? I feel the arguments made by the blind are totally different than others. Such as them saying its the same difference as wheelchair ramps for the handicap. This is a bad reasoning because someone in a wheelchair can physically not get up on the curb them self, where the blind does have other options.
Monday, November 4, 2013
Credit Cards Good?
I always hear, "credit cards are bad". I've heard it from my friends and parents, and even hear my friends parents telling them never get into the habit of using credit cards. I always ask myself why? Is it that credit cards are bad, or is it that the user of the card is bad? My vote goes for the user. I myself got my first credit card at age 18, and I personally use it like a debit card. Why? They paid me 1% on all purchases to use it where my checking debit card paid me nothing. I always limit my spending. If I do not have the money in my checking account to spend, I don't put it on my credit card. In under a year, on that card I accumulated over $25.00 in free money just for using the card. Now, recently I signed up for a discover card. Just for signing up, I received a free $50.00 bonus, on top of that, I receive 5% cash back on all online purchases up to $1,500. Since I knew I would be spending over three thousand dollars on a new motor, why wouldn't I put it on the card, and immediately pay it off when I receive the statement? If you are responsible, I feel you should use credit card because they reward their valued customers. If you are told not to use them, you are more than likey being told this by someone who was not responsible and build up debt.
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