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, [...]
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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 [...]
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