Free money part 2

Mar 24, 2011 by

This is the second post in my Free Money series

I just received my second check of the year from my REI Visa card and it was a whopper!  Over $650 bucks in free money to spend at REI on whatever I want (or I can just get the cash back).   I love REI and I love all the fun toys for great outdoor adventures so its not a problem to find fun things to buy.  Also this weekend is their used gear sale and that’s where I get some awesome deals on gear, so its all good.

I get this free money by automating my finances, and paying whatever bills I can with my visa and then paying the Visa bill off each month.

DO NOT DO THIS IF YOU DON’T PAY YOUR CREDIT CARD BILL OFF EACH MONTH!!!!

Sorry for yelling, but if you have debt on your credit cards, pay that off first.  There is no point in racking up more debt and more interest on that debt.

But if you are good and pay your bills each month in full, why bother with the hassle of actually paying your bills each month. Set them on autopilot.

This post, shows you how to do that.

Then just sit back and have fun spending some free money each year.

Ben…

 

 

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Free money time of year

Feb 22, 2011 by

I almost forgot that it was that time of year again.

Every year around late February or early March I get free money in the mail.  Today I got one of two checks that I get every year for doing absolutely nothing.  I do no extra work for these checks.  They just show up each year.   How do I do this?

This goes back to my Paying bills sucks… stop doing it post.  On that post I give you the simple 3 step process on how I do this.

The gist of it is simply get a credit card that pays you dividends or a percentage of what you put on the card each year.  I do this with an Amex card I use for eating out, travel and gas at Costco as I get 3%, 5%, and 2% respectfully on those things and 1% back on everything else I put on that card.

Then I also use my REI Visa card for everything else.   If you love outdoors gear I highly recommend this card.  Sign up for this card and if you use my REI member number you’ll get an extra $20 gift card from REI.  My REI number is: 03206230

If you haven’t read the Paying bills sucks… stop doing it post, I recommend it.  It lays out the instructions on how to do this and what to avoid.

Ben…

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