I recently discussed that we have $223,270 outstanding in credit card balances. The next logical question is how much in credit limits do we have to support this strategy? Over $1 million! $1,020,270 to be exact. The total includes credit cards and lines of credit.
I thought it would be a fun challenge to see if we [...]
In When Does the 0% Credit Card Really Expire? I stated that we had $58,980 on my American Express card. If that’s just one card, how much do we have total? And why?
$223,270. Yes, you read that correctly. However, it’s all at 0% and accounted for. It is actually making and saving us money! It [...]
As I flipped the calendar to December, I had a note that one of the intro rates on our credit cards expires this month. I have a balance of $58,980 on my IN:CHICAGO Card from American Express at 0%. I looked at the terms, which I store in an excel spreadsheet, and read the following: 0% through billing [...]
This is the second post in a series about millionaire status. Read about the first one here: Millionaires in the Making: Pros and Cons.
The million dollar number is often set as a personal goal for many people. Has anyone ever gone the other way and made it to the dark side of a million? Could [...]
