The corporations are playing a game, and you can't win. So opt out and stop playing the game! In the part 4 of the "Why I Hate Debt" miniseries, Jesse explains how behind every credit card is a clever system of points, travel miles, and other "free" rewards designed to keep you spending and in debt.
Credit cards are a very profitable industry. Would banks and finance companies be giving away rewards if they weren't making a profit from it? Of course not! They've got the data, they've studied the statistics, and they know people will drive themselves into debt, where they can rack up fees and interest.
So join Jesse, stop playing the game, and start hating debt!
Sign up for a free 34-day trial of YNAB at www.youneedabudget.com
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Ask Jesse: Heady Books and Final Settlement, Among Other Things
It's Just No Way to Live
What's the Alternative?
Your Biggest Single Expense
Let's Cut Spending!
Ask Jesse: Perfect YNAB, Tithing Confusion, and More Credit Card Comments
Gaming the Credit Card System... Maybe
Inherent Value Doesn't Exist
Ask Jesse: Lavish Praise and Woodchip Gardening (Sort Of)
Young Creatures Just Looking to Party
Looking In the Mirror
Money Is Not a Tool
Dire Straits, or Rolling In It, It's All the Same
Ask Jesse: How to Plan with a Reluctant Partner, and Some Successes
A Sample of Interesting, Joyful Spending
YNABers Share Their New Years Resolutions
I Love Money
A Clarification on Goal Failures
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