/biz/ - Business & Finance

[Anonymous No.55791407]

>NOOOOOOOOOOOOOO YOU CAN'T USE CREDIT CARDS TO COLLECT CASH BACK AND THEN PAY THEN OFF RIGHT AWAY BEFORE INTEREST OCCURS

https://www.youtube.com/watch?v=i0wqXr5zXMo

[Anonymous No.55791417]

>>55791407
America should have tried that wellsfargo cash card I heard it has great cash back

[Anonymous No.55791457]

>>55791407

>bro there's no credit crunch
Some banks are starting to charge intra period interest. Tread carefully
>>55791417
It is very good cash back, hopefully it sticks around

[Anonymous No.55791482]

>>55791407
His advice is geared towards the average consoomer who doesn't even think about finances and never pay the balance. For those people it is sound advice. Also 2% cash back WOOOOOOOOO IM GOING TO BE RICH!

[Anonymous No.55791523]

>>55791407
what sexuals acts did she have to perform on dave ramsey's chode to get this role and listen to his demented rants.

I've realised all these people that make "money" their entire personality are the dullest people imaginable.

[mistypeters7506 No.55791562]

Married couple late 50's. Mortgage and consumer debt free! I wish people could feel how great it feels!! Thanks Dave!

[Anonymous No.55791586]

>>55791407
>gets into a slavery for 3% cash back
topkek
Use cash moron and you can get 10% ANYWHERE that isn't globohomo.

[Anonymous No.55791597]

>>55791586
Yeah b b b but I won't have a good goyscore so I can borrow more money!

[Anonymous No.55791610]

>>55791407
His advice would work if the economy wasn’t geared around loans and having to be in debt to own a long time property

[Anonymous No.55791626]

>>55791586
>>55791597
>Takes cash at no interest
>invests in 8 percent monthly dividend fund
>pays cash before interest comes
>if not dividends cover interest for 2 to 3 months while earning cash
>NOOOOOOOO YOU CANT BE INVESTIN GOYIM THATS OUR JOBB NNOOOOO

[Anonymous No.55791655]

>>55791626
>invests in 8 percent monthly dividend fund
>investment goes to 0
>NOOOOOO THE SYSTEM IS RIGGED! THE TIKTOK INFLUENCER TOLD ME THIS EXTREMELY VOLITILE FUND WAS SAFE!

[Anonymous No.55791673]

>>55791407
What I do is sign up for a new card with an 18 month interest free balance transfer offer every year so I can carry over all my debt infinitely without ever having to pay any interest on it.

[Anonymous No.55791674]

>>55791626
I use a debit card to get cash that is actually mine and I flash hundred dollar bills and prices drop like panties.
It doesn't work as well if you insist on eating goyslop and buying plastic junk though.

[Anonymous No.55791679]

>>55791673
>0% disappears one day
>It jumps immediately to 12%+
gg goy

[Anonymous No.55791696]

>>55791407
>open up a card with 15 months no interest fees
>put living expenses on it and collect 200 dollar bonus cash
>pay it off over 15 months
>move on to the next card
>credit score is 780

Its simply that easy

[Anonymous No.55791701]

>>55791679
You pay no interest for the first 18 months and then you transfer the balance to a new card you just opened from a different bank with the same offer and repeat it infinitely. There's like 30 different cards with this offer so you'll never run out.

[Anonymous No.55791715]

>>55791701
>the fine print doesn't allow them to change this at any time they wish
kek
When the jig is up, it will be 100% up.
You won't be carrying that over at that point.

[Anonymous No.55791719]

>>55791696
>make society horrible for $200
It's hilarious how you poors behave with each other. If you'd simply pay cash and shop at each other's stores you'd all be rich.

[Anonymous No.55791720]

>>55791715
It doesn't. It allows them to change the normal interest rate for the card at any time but the introductory offer is set in stone.

[Anonymous No.55791729]

>>55791701
Why not just pay off your debt so you don't have to be under the boot of the banks?

[Anonymous No.55791738]

>>55791719
>paying cash

Whatre you like 70? Get off 4chan grandpa, or at least go back to /cmmg/

[Anonymous No.55791743]

>>55791729
Because it's free money that you never have to pay back. Even if shit hits the fan and the banks start taking away all these offers one day, you can always declare bankruptcy and clear all your debt forever. There's literally no consequences to borrowing money.

[Anonymous No.55791744]

>woman has access to microphone
I will not watch

[Anonymous No.55791760]

>>55791743
Lol, yeah sound plan. I hope it works out for you(it wont)

[Anonymous No.55791782]

>>55791407
are you guys seriously fucking retarded? you still have to SPEND that money. even if you get 2% back, you LOSE 98%

I am so fucking sick of this place

[Anonymous No.55791814]

>>55791655
>Put all money in Vanguard SP500
>Forget about it for 10 years
>???
>Profit

[Anonymous No.55791832]

>>55791814
Pretty much what I do. VTSAX baby. You said 8% monthly

[Anonymous No.55791836]

>>55791720
You are coping. You have not read the agreement and are acting JUST as all other goy.
Owing people money is retarded. Good luck.

[Anonymous No.55791853]

>>55791738
kek
You NEVER get a deal do you? You just pay straight retail don't you?
Jesus Christ the goy are so ripe.
>kneejerk derides you as old at the idea of carrying anonymous, untraceable currency and using it to pay
>prefers 3% off the top going to globohomo as the standard and also that it autoreports the recipients earnings to the authorities.
fuckingwewlad

[Anonymous No.55791858]

>>55791782
OHHHH
Is that why they call it cash BACK instead of cash FRONT?
Now I get it

[Anonymous No.55791876]

>>55791858
They call it "cash" because cash is good and "fake retard goy credits" doesn't sound very good.
So you simply call it "cash" and the goy circle like crazy.

[Anonymous No.55791929]

>>55791782
>he actually frivolously spends instead of putting necessities on a credit card
NGMI

[Anonymous No.55792031]

>>55791482
Why would you ever leave money on the table?

[Anonymous No.55792063]

>>55792031
>money on the table
You are. The cc processor table.
You have been goyed into getting an apparent 2% or 3% while you don't notice the 15-20% it allows them to extort you for because you are so obsessed with convenience and "getting "cash" back".

[Anonymous No.55792119]

>>55791407
What kind of normal person even has credit card debt? Credit cards exist to facilitate transactions, not to get a loan, everyone with a 3 digit iq knows this. Why do I need to watch some pathetic internet guru or whoever the fuck this is to “help” me with a problem I will never have?

[Anonymous No.55792233]

>>55792063
Proprietors bake the cost of the cc service in to their own goods and services. You don't get a cash discount at regular stores

[Anonymous No.55792235]

>>55792119
consider how poor muttoid financial literacy is when student loan debt is a political issue

[Anonymous No.55792254]

>>55792119
You are correct but at the same time the whole idea that it's a way to process transactions just means it's a middle man when debit transactions already exist.

[Anonymous No.55792268]

boomers pay in cash not realizing they're paying the 2% processing markup regardless lmao

[Anonymous No.55792270]

>>55791523
that's his daughter

[Anonymous No.55792277]

>>55792254
>you just leave cash on premise instead of using BRINKS or some other armored courier service to carry it back to the bank
>debit card transactions somehow does not require a payment processor

[Anonymous No.55792306]

>>55792254
Why would anyone use debit when you can get cash back, better fraud protection, and can manage when I pay with a credit card? The only time it makes sense to use debit is if they gave some sort of discount for using it.

[Anonymous No.55792337]

>>55791482

This, it's sound advice for the average normie who is too impulsive to be trusted with credit. For people who actually do pay them off every month and don't carry a balance, though, nothing wrong with it. I chase cashback point and get between 2-10% back on my cards depending on the category. Yeah obviously not going to make you rich, like Dave always says it's your income that does that. But I get a couple thousand dollars a year in cash back, and it's all tax free. Not life-changing money, but it covers what I spend on groceries for example and other basic expenses. Definitely not going to complain about free money.

The Ramsey personalities also like to say they don't use CC because cashback and points are earned on the backs of stupid people who do carry a balance and pay late fees/interest. But all banks profit off fees and interest, so if you're morally opposed to credit cards for that reason, you better close down your checking and savings accounts as well.

[Anonymous No.55792339]

>>55791482
I'm not a poorfag and travel a decent amount for work, I bet I get over a thousand bucks for free in cash back shit for literally zero effort
t. capital one savor master race

[Anonymous No.55792435]

>>55791482
2% cash back is the tip of the iceberg anon

[Anonymous No.55792453]

YOU GUYS DONT UNDERSTAND I LITERALLY CAN NOT OWN A CREDIT CARD WITHOUT MAXING IT OUT AND ROTATING THE FULL BALANCE AT 30% INTEREST, CREDIT CARDS ARE A SCAM BECAUSE I HAVE THE MENTAL RESTRAINT AND IMPULSIVENESS OF A TODDLER

[Anonymous No.55792613]

>>55792453
"Not a credit card person" is just a racist dog whistle.

[Anonymous No.55792739]

>>55792233
You don' get a cash discount from GLOBOHOMO.
You do everywhere else, but you won't even.
>baked in
Exactly, so it's ENTIRELY an illusion created by the corporation and the credit company. Yet retards fall for it all day when 10-20% off is right there waiting at almost any private shop they go into.

[Anonymous No.55792746]

I just debtmaxxed all my credit cards like sam Hyde did.
AMA

[Anonymous No.55792826]

>>55791407
Who is gonna stop me?

[Anonymous No.55793443]

I think my Chase freedom card has like a 1 or 2% cash back. At one point I had 1,800 cash in rewards meaning I've spent at least $100,000 on the fucking thing. On what? I don't know.

[Anonymous No.55793507]

>>55792746
details

[Anonymous No.55793541]

>>55793443
Be sure to use your nominal goy rewards on retail priced items from our pre approved choices!

[Anonymous No.55793569]

>>55791407
Cashback from credit cards is a meme. They get money from transaction fees and give you a cut. Merchants just charge you more to cover for those credit card fees, passing the costs to you. You're actually losing money by paying with plastic.

[Anonymous No.55793599]

>>55793569
doesn't hold true unless they offer a discount for paying cash
if cash payers are charged the same price, they're the only losers in the situation

[Anonymous No.55793607]

>>55793569
Imagine thinking you'll get a discount paying with cash lmao
>Cashier: ay yo cuz that'll be $43.50
>You: B-b-but I'm paying in cash, p-please drop it to f-f-fourty dollars even p-p-pl-
>Cashier: AYO GET A LOAD OF THE WHITE BOY TRYING TO GET A DISCOUNT
*everyone starts sniggering and starts recording you for TikTok*
>You: B-b-but you d-dont have to pay the ma-ma-merchant fees
>Cashier: YOOOO LOOK AT THIS LITTLE BOY WITH HIS MERCHANT FEES SOMEONE COME WHOOP HIS ASS AND TAKE HE MONEY
*Kids start smacking you and take your wallet and your money and spit on you*
>Cashier: Stick to credit next time foo, yo cracka ass need that cash back now boy hooooooweeeeeee

[Anonymous No.55793614]

>>55793599
>if
It's hilarious to see all the normie retards that NEVER shop at anything that isn't a corporation. There is a cash discount every place that is privately own on the planet if you ask the right person.
Protip. It's bigger than 3%.

[Anonymous No.55793618]

>>55792613
how has this chubby jew become so popular? he literally knows nothing about finance and actually thinks you need real estate to be in a good situation financially

[Anonymous No.55793626]

>>55793607
>can't imagine shopping anywhere but globocorp
>can imagine being socially ostracized for not acting like one of the crowd
This thread is actually very sad and apparently filled with total normie npc goy.

[Anonymous No.55793636]

>>55793614
gas stations?
grocery stores? i get 6% back there with amex blue preferred
utilities?

most expenses someone can have won't be eligible for a cash discount

[Anonymous No.55793669]

>>55793626
That scenario I cooked up for you was at a Bodega you frequent because you want to "chop it up" with your "homies". You didn't even get cash back and all you ended up with was getting robbed and spit on. If you would've just went to target with any decent card you wouldve got 6 percent back instead of getting clowned on by urban youths.

[Anonymous No.55794557]

>>55793607
>The mind of a burger
A truly terrifying place.

[Anonymous No.55794952]

>>55791407
Based boomer
Stop proping up the kike banking system

[Anonymous No.55794983]

>>55792031
cashback isn't free money. It's a 2% discount

[Anonymous No.55795024]

I use my credit card for groceries and gas, and then pay it all of on the 1st and 15th of each month. Am I doing it right, lads?

[Anonymous No.55795040]

who is this old bald guy you biz keeps posting?

[Anonymous No.55795199]

>>55792613
>>55793618
Every normal thinks that real estate is the only way to get rich. “BROOOOO JUST LIKE *SMACK LIPS* JUST LIKE IDK BRO JUST LIKE…GET RENTAL PROPERTIES BRO.”

Clear sign as fuck to stay away, obvious market saturation; find other avenues normals haven’t even thought of yet or avenues that make normals unironically seethe (crypto)

[Anonymous No.55795383]

Credit cards are effeminate.

[Anonymous No.55795733]

>>55792746
sam has millions of dollars, he doesnt have to worry about it

[Anonymous No.55795796]

>Open credit card
>Pay it off inmediately and reap the rewards of having it
>Refuse to max it like the corps want you to
>never need to pay interest, never accrue debt, never owe them anything, plus added security of it not being your money if it's stolen

How hard is that? Just not spending money you don't have?

[Anonymous No.55795828]

>>55791407

Ramsey almost named the Jew the way he was going after the (((banks)))

[Anonymous No.55795833]

>>55795733
You do realize Sam was making joke advice videos for gullible people who listen to internet randos and are unaware of his brand of humor, right? Like creditmaxxing is not something he actually does.

[Anonymous No.55795887]

>>55795833
>him saying it, going on podcasts and promoting it and continuing to promote is just a bit bro
lol retard

[Anonymous No.55795920]

>>55795887
This is Sam hyde were talking about
Yes, it's a bit. It's all a bit, the man commits hard.
Dude literally spent months in a row leading iDubbbz on and convincing him he worked in a run down dentist's office with a drug addict GF, only to reveal at the very end it was all a ruse just to mess with his head.

Watch Million Dollar Extreme.

Sam making these "motivational hacks" like CreditMaxxing or renting out cars he rented from other people is a meme designed to mess with the sorts of users who mass consoom people like Andrew Tate on the regular.

[Anonymous No.55795952]

>>55795920
sam's "bit" is trying his best not to be criticized and how is being a literal eguru messing with tate followers?

[Anonymous No.55796005]

>>55795952
>literal eguru.
If you genuinely take his advice, then we need not continue this conversation, the results will speak for themselves.

[Anonymous No.55796032]

>>55796005
if you read the pic i posted youll find that not to be true or youre in sams cult of retaration

[Anonymous No.55796089]

>>55791407
Why doesn't everyone pay their student debt off with credit cards then file for bankruptcy? Just saying

[Anonymous No.55796090]

>>55796032
>sam's cult
Bruh I am saying that following anything he says is a bad idea, how on earth would I be in his cult? Your pic only adds to the fact that this is not a man to take advice from.

I was under the impression that you were arguing that his creditmaxxing was sound advice?

[Anonymous No.55796096]

>>55791523
You’re onto something with the money thing. It’s nice to have for sure and you want to do well. But man the people who obsess with it genuinely have nothing going on

[Anonymous No.55796115]

>>55795733
>I was under the impression that you were arguing that his creditmaxxing was sound advice?
>>55796090
did you see my first post? how could you think i was for this shit from what i was posting?????

[Anonymous No.55797358]

>>55791407
Tried to do the credit card thing in austfailure. Turns out you get no cash back but also raped by credit card surcharges

[Anonymous No.55797375]

>>55791407
You think you don't spend more because of it but you do. And you think you are smarter than their game but you are not. You are so unaware of this that you'll viscerally disagree with me, because I'm right.

[Anonymous No.55797878]

>>55794983
>cashback isn't free money. It's a 2% discount

Depends on your card, for my CryptMi virtual card i get a bit more than that.

[Anonymous No.55798384]

>>55795796
>Refuse to max it like the corps want you to
They already beat you by getting you to use it.
You are being marked up 70%+ on the very low end by shopping there.

[Anonymous No.55798568]

>just get a mortgage and never pay it back

[Anonymous No.55800395]

>>55791701
What's the fee percentage to do the transfer?

[Anonymous No.55802551]

>>55791417
i got a capitol one savors

[Anonymous No.55802570]

>>55792739
>Everything is priced
>What's the point in doing anything