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re: Question regarding high charges vs. credit limit on card

Posted on 8/23/14 at 5:14 pm to
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35694 posts
Posted on 8/23/14 at 5:14 pm to
Yeah. I'll bet his AAoA sucks. Plus having only three cards and two of them are store cards.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45955 posts
Posted on 8/23/14 at 10:28 pm to
What is AAoA?

Seems like it's some sort of game to accrue points. I have three cars, all paid for. I'm on track to hit my first million in assets and investments by this time next year. No furniture notes, nothing.

So, strategy moving forward is to add more credit cards, spread my charges among them, pay them each month before the balance hits the statement, and stop adding credit cards for discounts and cancelling them.

Anything else?
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