Posts tagged as:

credit card

We don't want no interest-free loans!

November 18, 2009

A long time ago, when I was first learning to manage my finances, my dad instructed me to prepay my credit card. This effectively transformed the credit card into a debit card by running a positive balance on the account. It was a great learning mechanism because it still required me to make monthly payments, […]

4 comments Read the whole post →

For everything else, there's MasterCard. Except taxis.

November 9, 2009

In a report that should surprise no one, the NYTimes finds that convenience yields higher revenues for NYC taxis. Indeed, the credit card machines which are now mandatory for every cab have coincided with revenues rising 13% from last year, bucking a national trend of -15%. Tips have risen from 10% of the fare pre-cards […]

1 comment Read the whole post →

Credit cards and loaded guns: another day in politics

May 21, 2009

I think I've seen something like this on late night TV: Congress has a new bill which overhauls credit card regulations... and they're throwing in relaxed gun control, absolutely free (but only if Obama signs right now)! Indeed, the latest fiasco out of Washington is a rushed so-called consumer protection plan, which has a second […]

1 comment Read the whole post →