Comments on: The Magical Credit Card https://eliteedgemoney.com/the-magical-credit-card/ Money | Minimalism | Mohawks Wed, 13 Jun 2018 17:31:26 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: J. Money https://eliteedgemoney.com/the-magical-credit-card/#comment-268557 Wed, 13 Jun 2018 17:31:26 +0000 https://staging.eliteedgemoney.com/?p=56476#comment-268557 In reply to Becky.

Haha… why don’t you try it and see what happens ;)

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By: Becky https://eliteedgemoney.com/the-magical-credit-card/#comment-268551 Wed, 13 Jun 2018 15:41:06 +0000 https://staging.eliteedgemoney.com/?p=56476#comment-268551 I would probably do the $100 a day until I was debt free (assuming this is similar to a debit card where I can withdraw cash and not just a credit card for purchases).

Also, I have a question, after the card freezes, you get to keep the item/cash that you spent on the last transaction, right? If so, then you could withdraw the amount of your magical retirement number, let’s say $5 million and there you go, put it somewhere to earn interest and retire. You’re good even if the card freezes after that. #loophole

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By: J. Money https://eliteedgemoney.com/the-magical-credit-card/#comment-268521 Mon, 11 Jun 2018 20:49:17 +0000 https://staging.eliteedgemoney.com/?p=56476#comment-268521 In reply to Moriah Joy.

*Googles Patristics…*

** Gets glad you’d enjoy it as not sure how many places you could use it, haha… **

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By: Moriah Joy https://eliteedgemoney.com/the-magical-credit-card/#comment-268520 Mon, 11 Jun 2018 19:37:43 +0000 https://staging.eliteedgemoney.com/?p=56476#comment-268520 In reply to J. Money.

I want to get a master’s in Patristics cos I’m a nerd, and if I had an unlimited amount of money, why not? He’s a social worker, and he wants to get his master’s in psychology because ya know, he actually has career goals. XD But I’ve always wanted to get a degree with him. It’d be so fun, although, he’s not the competitive type… so, he’d just roll his eyes at me if I tried.

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By: J. Money https://eliteedgemoney.com/the-magical-credit-card/#comment-268510 Mon, 11 Jun 2018 14:40:18 +0000 https://staging.eliteedgemoney.com/?p=56476#comment-268510 Oh nice! So you’re going to school to become a librarian? I have this half-baked dream of running a personal finance book-only library that’s mainly online but also has a physical location too. Which houses every single $$$ book imaginable, along with free coffee so you can hang out and learn about $$ all day long ;) Everyone I know tells me it would never work, but one day I might have to prove them wrong! Haha…

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By: J. Money https://eliteedgemoney.com/the-magical-credit-card/#comment-268509 Mon, 11 Jun 2018 14:36:39 +0000 https://staging.eliteedgemoney.com/?p=56476#comment-268509 In reply to Moriah Joy.

Oooh what master’s programs are you guys wanting to take? The same one, or different ones? That would be cool to go to class and study/learn together :) And then challenge each other to try and beat each other with grades!

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By: J. Money https://eliteedgemoney.com/the-magical-credit-card/#comment-268508 Mon, 11 Jun 2018 14:35:04 +0000 https://staging.eliteedgemoney.com/?p=56476#comment-268508 In reply to Bela.

It would suck if you go to take out cash and then it freezes up right there on try #1 :)

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By: J. Money https://eliteedgemoney.com/the-magical-credit-card/#comment-268507 Mon, 11 Jun 2018 14:34:18 +0000 https://staging.eliteedgemoney.com/?p=56476#comment-268507 In reply to Martinus.

Ahhhhh I see what you did there!!

And $10gs a month seems very worth it indeed, congrats :) I hope to do it with stock investments vs real estate, but we all got our own modes of wealth building, eh? Saving this comment to use in a future post one day – it’s great.

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By: Puck https://eliteedgemoney.com/the-magical-credit-card/#comment-268485 Mon, 11 Jun 2018 04:01:42 +0000 https://staging.eliteedgemoney.com/?p=56476#comment-268485 $100 a day would completely change my life. Right now I am a graduate student and working only part-time. During the semester I live on student loans, but right now during the summer with only part time and freelance work I am really feeling the pinch. Since, I live with roommates and we divide up rent and utilities, I would use the $100/day to paypal my roommates the rent and utilities in increments! Even with the credit card fee being charged, having basically free rent would free up so much of my brainspace from being stressed that I can hardly imagine what else I would do!

I would probably also resubscribe to the various patreons and monthly charity donations that I have had to stop contributing to because of my current impoverished state.

Then, once I have an actual salaried library job, that $100/day means I would have free groceries and dining out for the rest of my life and still be able to contribute to other people’s wellbeing. What a dream!

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By: Moriah Joy https://eliteedgemoney.com/the-magical-credit-card/#comment-268461 Sat, 09 Jun 2018 01:19:59 +0000 https://staging.eliteedgemoney.com/?p=56476#comment-268461 I’d definitely focus on debt repayment, and then I’d set it aside in an investment account for the different master’s program my husband and I want to take. That way we’d be going through the programs entirely debt free. After that, save a couple years for a nest egg for the kids we one day want to have. Take a lavish vacation, and invest the rest ad infinitum.

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